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101 N Gray Ave 4,708 SF Office Building Wilmington, DE 19805 $595,000 ($126.38/SF)
INVESTMENT HIGHLIGHTS
- Free standing +/- 4708 sf commercial office flex building
- Masonry construction with “A” frame truss/shingle roof system
- Well maintained & clean interior
- New shingle roof & HVAC systems
- Ample windows offering natural light
- Parking for 5 to 6 vehicles (stacked)
EXECUTIVE SUMMARY
Free standing +/- 4708 sf commercial office flex building conveniently located on the west side of Wilmington DE off Lancaster Ave (RT 48) & Gray Ave, with easy access to the I-95 Interchange . Also close to the 141 (Centre Road) and Lancaster Pike intersection with easy access to Greenville (with abundant retail amenities), and Wilmington, with immediate proximity to the new Barley Mill redevelopment, including Wegmans.
Ideal for an owner/ user
Size: 4,708 sf
First Floor: 3,380 sf
• 2,740 sf private offices, reception, kitchenette, work areas
• 640 sf warehouse with drive in door
Second Floor: 1,328 sf
• 1,152 sf offices & conference room
• 176 sf loft storage
Masonry construction with “A” frame truss/shingle roof system
Ample windows offering natural light
Well maintained & clean interior
Parking for 5 to 6 vehicles (stacked)
New gas HVAC systems
New roof
Ideal for an owner user
Zoned C-2 commercial City of Wilmington
Ideal for an owner/ user
Size: 4,708 sf
First Floor: 3,380 sf
• 2,740 sf private offices, reception, kitchenette, work areas
• 640 sf warehouse with drive in door
Second Floor: 1,328 sf
• 1,152 sf offices & conference room
• 176 sf loft storage
Masonry construction with “A” frame truss/shingle roof system
Ample windows offering natural light
Well maintained & clean interior
Parking for 5 to 6 vehicles (stacked)
New gas HVAC systems
New roof
Ideal for an owner user
Zoned C-2 commercial City of Wilmington
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,708 SF
Building Class
C
Year Built
1954
Price
$595,000
Price Per SF
$126.38
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,708 SF
Building FAR
0.83
Lot Size
0.13 AC
Zoning
C-2, Wilmington City - Secondary Business Commerce Center
Parking
5 Spaces (1.06 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Kitchen
- Reception
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 26-025.20-021 | Improvements Assessment | $24,600 |
| Land Assessment | $14,200 | Total Assessment | $38,800 |
PROPERTY TAXES
Parcel Number
26-025.20-021
Land Assessment
$14,200
Improvements Assessment
$24,600
Total Assessment
$38,800
MAP
ADDITIONAL PHOTOS
101 N. Gray Ave.
Property Survey 101 N Gray Ave
101 N Gray Ave.
101 N Gray Ave.
101 N Gray Ave.
101 N Gray Ave.
101 N Gray Ave. - Parking Lot
101 N Gray Ave.
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101 N Gray Ave.
101 N. Gray Ave. - Entrance
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101 N. Gray Ave.
101 N. Gray Ave.
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101 N Gray Ave.-Kitchen
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101 N Gray Ave.-Conference Room
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A-1 FLOOR PLANS