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.
MLS# | DENC2056972 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 227 |
Listing Provided By | The Moving Experience Delaware Inc. | Jeffrey Spiegelman |
SQ Feet | 43,400 |
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Zoning | CN |
Acreage | 2.60 |
State | DE |
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County | New Castle |
City | Wilmington |
Zip Code | 19808 |
Area | Brandywine |
School District | Red Clay Consolidated |
Listing VS Median (in 19808) | |
Price: $5,200,000 low | high Med: $392,450 SqFt: 43,400 low | high Med: 2,134 $ / SqFt: $120 low | high Med: $185 On Site: 227 low | high Med: 49.500000 |