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Marjorie Dick Stuart

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708 Philadelphia Pike, WILMINGTON, DE – $900,000

  • $900k Price
  • 10,275 Sqft
  • 113 DOM
  • $900k Price
  • 10,275 Sqft
  • 113 DOM

708 Philadelphia Pike

This prime commercial property is currently leased and offers immediate rental income and a hassle-free ownership experience. Buy as an investor, wait till the tenant's lease is up and move in with your own business or change it from office to retail or mixed-use. Many possibilities. The tenant is paying very low rent so at the end of the lease period, on a renewal it can be increased considerably. Property Highlights: • Parcel # 1700100001 consists of two buildings. The stand-alone building is 7,650 SF and the smaller building is 2,625 SF (attached to JT's Market, not including the market.) for a total of 10,275 SF. •Tenant has been in place since 1987 and has a lease signed through November 2027. The tenant is below market rent. At the end of November 2027, an owner can increase rents, use the building themselves, or develop the property to a mix-use, etc. The buildings have had new HVAC systems within the last two years. It's in great shape with an engineering firm as the tenant. Call the agent for more details and discuss a tour.

Essential Information

  • MLS® #DENC2074390
  • Price$900,000
  • Bathrooms0.00
  • Square Footage10,275
  • Acres0.00
  • Year Built1964
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address708 Philadelphia Pike
  • AreaBrandywine (30901)
  • SubdivisionBELLEVUE
  • CityWILMINGTON
  • CountyNEW CASTLE-DE
  • StateDE
  • Zip Code19809

Interior

  • HeatingForced Air
  • CoolingCentral A/C

Exterior

  • ExteriorBlock, Brick and Siding
  • RoofRubber, Flat
  • FoundationBlock, Brick/Mortar

School Information

  • DistrictBRANDYWINE

Additional Information

  • Date ListedJanuary 14th, 2025
  • Days on Market113
  • Zoning17MX2

Listing Details

  • Office Contact(302) 322-9500

Office

EMORY HILL REAL ESTATE SERVICES INC.

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Price Change History for 708 Philadelphia Pike, WILMINGTON, DE (MLS® #DENC2074390)

Date Details Price Change
Price Reduced (from $950,000) $900,000 $50,000 (5.26%)

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Listing information last updated on May 6th, 2025 at 11:18pm CDT.