$5,200,000
( $119.82Per Sq Foot )
 $27,915 est/mo Sourced by Back At You

4905 Mermaid Blvd , Wilmington, DE 19808

Wilmington, DE 19808

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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.

Details

MLS#DENC2056980
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site219
Listing Provided ByThe Moving Experience Delaware Inc. | Jeffrey Spiegelman

Features

SQ Feet43,400
ZoningCN
Acreage2.60

Market Activity 19808

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Listings Checked: 2 minutes ago
StateDE
CountyNew Castle
CityWilmington
Zip Code19808
AreaBrandywine
School DistrictRed Clay Consolidated
Listing VS Median (in 19808)
Price:
$5,200,000
low | high
Med:
$350,000
100% of Average
SqFt:
43,400
low | high
Med:
2,000
100% of Average
$ / SqFt:
$120
low | high
Med:
$175
3.942307692308% of Average
On Site:
219
low | high
Med:
489.000000
44.78527607362% of Average
Sourced by Back At You
Listing Updated: August 20, 2024 at 5:25:38 PM PDT