$ 5,200,000
4905 MERMAID BLVD Wilmington, DE 19808
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$ 5,200,000
Est. payment | /mo
43,400 SqFt
$ 5,200,000
Est. payment | /mo
43,400 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 43,400 sqft
Price per Sqft $119
MLS Listing ID DENC2056972
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $47,516
Tax Year 2022
Lot Size 2.600 Acres
Acres 2.6
Lot Dimensions 0.00 x 0.00
Property Description
We have listed a great investment opportunity in Wilmington, Delaware. Located at 4905 Mermaid BLVD, Wilmington, DE, this Fitness Center and Swim Club is a turn-key business listed at $5.2 million. Zoner C.N. (Commercial Neighborhood), this location gives incredible access to a large population of Wilmington residents. The property is 2.6 acres with a 43,400 sq ft facility. The property borders two parks and a golf course. A cap rate of 7.7 +/- is available on a sale and lease-back agreement.
Location
State DE
County New Castle
Area Brandywine (30901)
Zoning CN
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Inclusions All equipment
Heat Source Natural Gas
Exterior
Garage Spaces 135.0
Water Access N
Accessibility Other
Total Parking Spaces 135
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 08-036.20-354
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Jeffrey Spiegelman • The Moving Experience Delaware Inc