Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
Commercial C-4 zoned, 3-story mixed-use building located in the heart of Wilmington’s Central Business District. Positioned along one of the city’s most prominent and walkable corridors, this property offers an exceptional opportunity for an owner-occupant or investor. Surrounded by major financial institutions, corporate offices, government buildings, restaurants, and retail, the location provides outstanding visibility and accessibility. The first floor features the well-known Sterling Grille restaurant and will be conveyed with all equipment, fixtures, and furniture included — delivering a true turnkey opportunity. The space may be owner-occupied or leased, with retail and office uses also permitted under C-4 zoning. Above are two residential income-producing units: a spacious 2BR/2BA apartment on the second floor and a 1BR/1BA apartment on the third floor. Both units offer central air and in-unit washer/dryers and present strong rental potential in this prime downtown location. Convenient access to I-95 and major roadways. Property is being conveyed in AS-IS condition. An outstanding opportunity for an owner-operator or investor seeking long-term value in Wilmington’s commercial core. *There some historic photos represent the original set up of the restaurant and doesn`t reflect the current condition.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Lot Size(square feet)
2,178
-
Property Type
Residential Income
-
Property Sub Type
Townhouse
-
Architectural Style
Unit/Flat
Price
-
Sales Price
$649,000
-
Tax Amount
$8,537
-
Financing Options
Cash, Conventional, FHA
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Permanent
-
Sewer
Public Sewer
-
Tax Lot
026
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Ehab Hamour , Realty Mark Associates-Newark
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