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# | DENC2056980 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1983 |
Days On Site | 219 |
Listing Provided By | The Moving Experience Delaware Inc. | Jeffrey Spiegelman |
SQ Feet | 43,400 |
---|---|
Zoning | CN |
Acreage | 2.60 |
State | DE |
---|---|
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: $350,000 SqFt: 43,400 low | high Med: 2,000 $ / SqFt: $120 low | high Med: $175 On Site: 219 low | high Med: 489.000000 |