3 Cedar St Wilmington, DE 19805
- Auto shops
- 1,616 SF
- 0.06 lot acres
Current Use by Public Records
- Eric’s Auto Repair and Tubby’s Tire Sales/Service / Tire Shop
- J's Custom Vinyls / Custom T-Shirt Store
- Affordable Car Care / Auto Repair Shop
- Cotto Auto Repair Service LLC / Auto Repair Shop / Auto Parts Store
Property Details for 3 Cedar St
- Year built
- 1976
- Construction
- CONCRETE
- Lot size
- 0.06 lot acres
- Property size
- 1,616 SF
- Zone code
- 26C-2
- Property type
- Auto shops
- APN
- 26-042.30-137
- APU
- 2604230137
Description
This 1,650 square foot industrial property, located at 3 Cedar Street in Wilmington, Delaware's Browntown neighborhood, presents a compelling investment opportunity. Situated on a 0.06-acre lot and zoned C-2, this building offers versatile commercial use. Previously utilized as an auto repair shop, the property boasts 1,020 square feet of shop space, featuring a front and rear garage bay, and a 12-foot ceiling on the right side. The layout allows for potential multi-tenant occupancy, facilitated by a centrally located shared bathroom. Recent improvements under current ownership include a brand new roof, an upgraded electrical system, a concrete drive-in, new entry doors, and a new garage door. This translates to low maintenance and operating costs for the new owner. Its prime location offers easy access to major transportation arteries, including I-95 and Kirkwood Highway, as well as the convenience of proximity to downtown Wilmington. This property is ideal for owner-occupants or investors seeking a well-maintained, centrally located industrial space with significant upside potential. The property is priced at $210,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5687
- Latitude
- 39.7363
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
