Description
This beautiful 1924 four-story building offers many remodeled sections completed as recently as 2012. This property offers approximately 17,945 sq. ft. plus an additional 3,000 sq. ft. in the finished lower level area with separate side access to West Winter Street. The elevator is fully functioning. The front portion of this building is leased to First Commonwealth Bank, while a law firm occupies part of the 3rd floor, creating effectively monthly rent at $6,200 per month. A true cap rate cannot be calculated as the Delaware General Health District's (the owner) occupies most of the building as office space. ** The buildings next door (3-5 West Winter) are being sold with this property, and the additional parking spaces in the rear.
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0BEDS
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0.1ACRES
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0BATHS
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01/2 BATHS
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17,945SQFT
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$100$/SQFT
School Ratings & Info
Description
This beautiful 1924 four-story building offers many remodeled sections completed as recently as 2012. This property offers approximately 17,945 sq. ft. plus an additional 3,000 sq. ft. in the finished lower level area with separate side access to West Winter Street. The elevator is fully functioning. The front portion of this building is leased to First Commonwealth Bank, while a law firm occupies part of the 3rd floor, creating effectively monthly rent at $6,200 per month. A true cap rate cannot be calculated as the Delaware General Health District's (the owner) occupies most of the building as office space. ** The buildings next door (3-5 West Winter) are being sold with this property, and the additional parking spaces in the rear.
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