1601 Jessup St Wilmington, DE 19802-4209
Property profile & analytics
1601 Jessup St Wilmington, DE 19802-4209
- Manufacturing properties
- 11,112 SF
- 0.15 lot acres
Property ID
US17-0029463
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rarehouse Studios & Creative Campus / Recording Studio / Art Studio
- The Dahlia / Hotel & Motel / Resort
- Masley Gloves / (Bike/Boat/Book/etc) Store
- Ark Technology Consultants / Tech Support Center / (Bike/Boat/Book/etc) Store
Property Details for 1601 Jessup St
- Year built
- 1930
- Construction
- CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 11,112 SF
- Zone code
- 26W4
- Property type
- Manufacturing properties
- APN
- 26-029.30-259
- APU
- 2602930259
Description
This exceptional 20,500 square foot commercial property, located at 1601 N Jessup St in Wilmington, Delaware, presents a unique investment opportunity. Situated on a 0.79-acre waterfront lot, this two-story building boasts attractive architecture and masonry construction. Built in 1943 and renovated in 2005, the property is currently fully leased and offers a diverse range of potential uses, including restaurant, creative office, and manufacturing, as permitted by the W6W4 zoning. Features include 43 parking spaces, one loading dock with one dock-high door, and a 14-foot ceiling height. The building benefits from 24-hour access, a security system, and a fenced lot. Additional amenities include beautiful waterfront views, convenient bus line access, and robust power (600a 3p). The original wood floors are in excellent condition. The property is classified as Class C with a Net Net Net (NNN) lease type. The asking price is $2,200,000, with an occupancy date of June 30, 2024. The property's APN is 26-029.30-259, 26-029.30-263. This versatile property offers a compelling blend of historical charm and modern functionality, making it an attractive investment for a variety of commercial ventures.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5396
- Latitude
- 39.7491
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$29,400
$108,000
$137,400
-
$0.00
$0.00
$0.00
