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225 W 7th Street, Wilmington, DE 19801
$265,000
225 W 7th Street, Wilmington, DE 19801View this property at 225 W 7th Street, Wilmington, DE 19801
225 W 7th StreetWilmingtonDE19801
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Property Description
Entrepreneurs Alert! Bring your vision to this awesome corner location in the hub of the renaissance of downtown Wilmington. Steps from the exciting new restaurant and boutique hotel market st corridor., major development nearby. Remarkable live work zone open floor plan for ground level retail, office, café, with potential upper two levels for lofts apts! The C-3 Zoning building is in the "Downtown Development District"
Full Property Details
Full Property Details for 225 W 7th St
General
- Price: $265,000
- Taxes: $8,000 (2023)
- Status: Under Contract
- Type: Retail
- MLS ID: DENC2055102
- Updated: 4/19/2024
- Added to Site: 94 day(s) ago
Business
- Business Type: Apartment Building, Bed and Breakfast, Day Care Faci
Parking
- Parking Type: On Street
Location
- Area: Wilmington (30906)
- County: New Castle
- Driving Directions: N.Adams right on w 7th
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1890
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Assessor
- Lot Dimensions: 20.00 x 60.00
- Zoning: C3
Financial Considerations
- Price Per Sq. Ft.: $96.22
- Tax w/Assessment: $45,609
- Tax Amount: $8,000
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by Tesla Realty Group, LLC, Kevin G A Melloy
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Schools
Schools serving 225 W 7th St
School District:Christina School District
Rating | Name | Grades | Distance |
---|---|---|---|
1100 N Pine St, Wilmington, DE 19801 | K-5 | 0.6 mi | |
200 S Dupont St, Wilmington, DE 19805 | 6-8 | 1 mi | |
190 Salem Church Rd, Newark, DE 19713 | 9-12 | 9.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 225 W 7th St
Date
Details
Price
Change
Source
3/27/2024
Price Reduced
$265,000
-11.37%
MLS
2/26/2024
Price Reduced
$299,000
-6.27%
MLS
2/05/2024
Price Reduced
$319,000
-8.83%
MLS
1/24/2024
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 225 W 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$19,299
55%
$149,400
—
2022
$12,436
52%
$149,400
—
2021
$8,158
-7%
$149,400
—
2020
$8,739
—
$149,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 225 W 7th St
225 W 7th Street, Wilmington, DE 19801 (MLS# DENC2055102) is a Retail property. 225 W 7th Street is currently listed for $265,000 and was received on January 24, 2024. Want to learn more about 225 W 7th Street? Do you have questions about finding other Retail real estate for sale in Wilmington? You can browse all Wilmington real estate or contact a Coldwell Banker agent to request more information.