708 Philadelphia Pike Wilmington, DE 19809-2500

This exceptional investment opportunity in Wilmington, Delaware, presents a 10,275 square foot mixed-use property currently generating rental income. The property comprises two buildings situated on parcel # 1700100001. A larger, stand-alone structure encompasses 7,650 square feet, complemented by a smaller, 2,625 square foot building attached to JT's Market (the market space itself is not included in the 10,275 square foot total). The property benefits from a long-term lease with an established engineering firm tenant, in place since 1987 and extending through November 2027. Currently operating below market rent, this presents a significant opportunity for future rental increases upon lease expiration. Recent improvements include new HVAC systems installed within the last two years, ensuring the property is well-maintained and ready for immediate occupancy. The property's versatile nature allows for continued leasing, owner-occupancy, or potential redevelopment into a mixed-use configuration after November 2027. This is a rare chance to acquire a stable, income-producing asset with considerable upside potential in a desirable Wilmington location. The asking price is $950,000.