305 W 7Th Street Wilmington, DE ^$ 350,000

305 W 7Th Street

^$ 350,000

Back to search

305 W 7Th Street

Wilmington, DE, 19801

^$ 350,000

Studio Baths0.0 Sq 1,800

Monthly Estimate*

^$ 2,326

305 W 7Th Street, Wilmington, DE 19801 - Image 1

Studio

Commercial Property for sale in Wilmington, DE

for $350,000. This 1,800 square foot building was built in 1903 on a lot size of 0.04.

Great opportunity to own mixed use building in the city of Wilmington. There's 1 retail and 4 residential units in this building. Residential is fully leased, retail tenant just vacated. Gross monthly was $3,570 / hair salon was paying $850 a month.

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,575

Style

General Retail

Lot Size

0.04

Year Built

1903

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2056244

Features

Interior

Heating Fuel Natural Gas

Hot Water Multi-tank

Heating Y/N Y

Street Suffix STREET

Central Air Y/N N

General

Sewer Public Sewer

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Possession Negotiable

Zoning 26C-3

Construction Materials Brick

Year Built 1903

Property SubType Mixed Use

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel Electric

Gross Income 42840.00

Business Type Other/General Retail

Accessibility None

County NEW CASTLE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions 300 block of W 7th 4th St to L on N. West St to R on W 7th.

City WILMINGTON

Buyer Agent Compensation 2.5

Total Units 0

MLS Area Wilmington (30906)

Lot Size Square Feet 1742.00

Waterfront Y/N N

Street Name 7TH

Tax Annual Amount 1575.0

Price Per Sq Ft 175.0

Acceptable Financing Cash Conventional Private

Vacation Rental Y/N N

Days on Market 72

Standard Status Active

Year Built Source Estimated

Legal Subdivision WILMINGTON

Tax Lot 450

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 2000.00

Lot Dimensions 19.00 x 90.00

Lot Size Acres 0.04

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 17400.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 305

* Excluded Features

List By

Exp Realty, Llc

Broker

terryyoung23@gmail.com

Affordability Calculator

$2,457

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: $131
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Wilmington, DE

Average List Price ^$726,023

Percent of Sale Price 107%

About Wilmington, DE

72,929 Population

0% Since 2002

^$41,839 Median Income

36.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$350,000		Listed Price

Map

More homes like this one

homes for you

See all

305 W 7Th Street, Wilmington, DE, 19801 is a Commercial Property for sale at $350,000 with 1,800 sqft and a lot size of 0.04. 305 W 7Th Street is a studio with 0.0 baths and was built in 1903. The property's zip code is 19801 which is in Wilmington, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

305 W 7Th Street

Commercial Property for sale in Wilmington, DE

Affordability Calculator

Map

More homes like this one

Get more info about this home