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Listed by Casey Riffel • Coldwell Banker Realty
$199,000
Est. payment /mo
6,970 Sqft Lot
Active
2600 MOORE ST Wilmington, DE 19802
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Wilmington
MLS Listing ID DENC2108096
Year Built 2000
Annual Tax Amount $1,293
Tax Year 2025
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 89 x 80
Property Sub-Type Other
Source BRIGHT
Property Description
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.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 16.0
Water Access N
Accessibility Other
Total Parking Spaces 16
Garage N
Building
Foundation Slab
Sewer No Sewer System
Water None
New Construction N
Schools
School District Red Clay Consolidated
Others
Tax ID 26-022.20-380
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard

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