Property summary
This exceptional investment opportunity presents a meticulously maintained industrial flex campus totaling 24,809 square feet, strategically located in Wilmington, Delaware. The property comprises three separate buildings situated on a 1.92-acre lot, offering diverse usage potential. Building 1, at 820 N Buttonwood St, features 6,000 square feet of warehouse space, two loading docks with a steel canopy, and 2,400 square feet of office space spread across two floors, boasting 24-foot ceilings. This building is ideal for light industrial, distribution, or light manufacturing needs. Building 2, located at 1011 E. 8th St, offers 8,592 square feet of climate-controlled space, including a 2,817 square foot second floor with restrooms. Constructed of masonry and steel, it includes three drive-in loading doors and robust infrastructure, featuring compressed airlines, ventilation, plumbing, and heavy electrical (600 AMP). Building 3, at 1015 E. 8th St, is a 5,000 square foot shell warehouse with a 16' x 14' drive-in bay door, 22-foot ceilings, and steel and masonry construction, perfect for bulk storage or distribution. The entire campus benefits from a secure fenced perimeter, ample paved parking, and convenient access to I-495 via the 12th Street or Edgemoor/Governor Printz exits, placing it minutes from the Pennsylvania-Delaware state line. The property is zoned M-1 and W-2, offering flexibility for various industrial uses. The asking price is $2,250,000, translating to $90.69 per square foot. This is a rare opportunity to acquire a well-maintained, multi-building industrial campus in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
26W2 · Wilmington, DEZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 26W2 in Wilmington, DE.
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