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Property profile & analytics
OFF-MARKET
Retail residential properties

113 8th St Wilmington, DE 19801-1737

920 SF 0.02 ac lot Built 1955
Entity Owned 5-yr Hold Free & Clear
Property ID
US17-0458141
Property summary
AI-generated overview

This exceptional 920 +/- square foot retail space, located at 113 W 8th St in Wilmington, Delaware, presents a unique leasing opportunity. Classified as a Class B property, this single-tenant unit boasts an open concept layout, ideal for a variety of businesses. Situated in the vibrant heart of Downtown Wilmington, the property benefits from its proximity to numerous new apartment developments, ensuring a strong potential customer base. The contemporary design and convenient layout offer a blank canvas for businesses seeking to establish or expand their presence. The address is 113 W 8th St, Wilmington, DE 19801. The property is categorized as both retail and office space, offering flexibility for diverse business needs. This is a single-tenant occupancy building, providing a private and controlled environment for your operations. While the total building square footage is not specified, the available space is perfectly suited for businesses seeking a modern and efficient workspace in a thriving urban setting. The property's location in Downtown Wilmington offers excellent visibility and accessibility, making it an attractive option for businesses looking to capitalize on the area's growth and dynamism. This is an opportunity to secure a well-positioned space in a rapidly developing area of Wilmington.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1955
Construction CONCRETE
Total area 920 SF
Lot 0.02 ac (871 SF)
Zoning code 26C-3
APN 26-035.20-071
UPID US17-0458141
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Curve Nutrition (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ria Ventures I LLC · 5 yrs held
Ria Ventures I LLC
since 2021
5 recorded transactions
2024
Price N/A
2021
Price N/A
2021
$550,000
2017
Price N/A
2004
$10
Zoning & alternative use
26C-3 · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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