Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.16

  • Lot Size(square feet)

    6,970

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $199,000

  • Tax Amount

    $1,293.68

  • Financing Options

    Cash

  • Zoning

    Residential

  • Sq. Footage

    3,074

  • Price/SqFt

    $64

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Tax Lot

    39

  • Water Source

    None

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Location

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NEW CASTLE

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Listing Courtesy of Casey Riffel, Coldwell Banker Realty

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Randy Perrell

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Rare opportunity to acquire a portfolio of 17 garage units, including one oversized double garage, offering immediate income potential with additional upside. Currently, 13 garages are tenant occupied with 4 vacant units, providing the opportunity to increase cash flow through lease-up or owner use. Significant capital improvements have already been completed, making this a low-maintenance investment. All garage roofs were repaired or replaced between 2023 and 2024, and nearly every garage door was replaced during the same period. One garage features a custom-built wooden door, designed to accommodate a long-term tenant's oversized vehicle that exceeds the height of a standard overhead door. Whether you're looking to expand your investment portfolio, generate passive income, or provide secure storage solutions in a high-demand area, this unique property offers exceptional flexibility and value. With multiple tenants already in place and several vacant units ready to lease, investors have the opportunity to realize immediate income while increasing returns over time. Don't miss this rare chance to own a well-maintained collection of garages with strong income-producing potential in the City of Wilmington.

2600 MOORE STREET

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MOTIVATED SELLER: Excellent opportunity to own a well-established commercial property in the heart of Wilmington, Delaware. Formerly home to a family-owned business that successfully operated at this location for over 40 years, this property is ready for its next owner and offers tremendous potential for redevelopment, renovation, or a new business venture. 

All potential uses and redevelopment are subject to applicable approvals.

The property is being sold as-is and requires significant repairs and updating, which is reflected in the asking price. The seller makes no representations or warranties regarding the condition of the property or its potential use. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and redevelopment opportunities.

For safety reasons, all prospective buyers and agents must sign a Hold Harmless Agreement prior to entering the property, per the seller's request.
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