Lease to Own
Listed By:
Patterson-Woods & Associates
Address
907 S College Avenue, Newark, DE
Price
$ 735,000
Property Attributes
  • MLS#DENC2058754
  • TypeCommercial
  • CountyNEW CASTLE
  • CityNewark
  • AreaNewark-Glasgow
  • Zip19713
  • StyleMedical,Professional
  • Year Built1940
  • Taxes$ 4752
  • Price$ 735,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2955
  • Lot Size0.66 Acres
Data Source:
Bright MLS
Property Description

Rare opportunity on busy S. College Ave (Route 896). Zoned GB - General Business. Del Dot approved entrance. Sprinkler line on site. Available November 1st for sale, lease, lease purchase or J.V. acre with renovated to code (2005), office/professional building. A lot of new development on this road, 2 Wawa's and a DASH coming soon. Possibility to lease, lease purchase, or joint venture.

Price History
3/31/2024 Listed $735,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Utilities Cable TV Available,Electric Available,Multiple Phone Lines,Natural Gas Available,Phone Available
Possession 31-60 Days CD
Roof Architectural Shingle,Asphalt
Zoning BC - GENERAL BUSINESS
Security Features Electric Alarm,Fire Detection System,Security System,Smoke Detector,Sprinkler System - Indoor
Construction Materials Brick,Mixed Plumbing,Vinyl Siding
Year Built 1940
Electric 200+ Amp Service,220 Volts,Circuit Breakers
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Medical,Professional
Accessibility 32 + wide Doors,36 + wide Halls,Doors - Lever Handle(s),Entry Slope
County NEW CASTLE
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Newark,DE
ModificationTimestamp 2024-03-31T12:42:13
City NEWARK
Buyer Agent Compensation 2.5
Disclosures Agent has Financial Interest,Owner RE Licensee
MLS Area Newark/Glasgow (30905)
Lot Size Square Feet 28750.00
Tax Assessed Value 141700.0
Waterfront Y/N No
Street Name COLLEGE
Tax Annual Amount 4752.62
Property Condition Average
Price Per Sq Ft 248.73
Acceptable Financing Cash,Conventional,Joint Venture,Lease Purchase,Negotiable
Lease Considered Y/N Yes
Vacation Rental Y/N No
Days on Market 31
Standard Status Active
Year Built Source Estimated
Legal Subdivision NEWARK
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 15
Type of Parking On Street
Water View Y/N No
Building Area Total 2955.00
Lot Dimensions 122.10 x 201.20
Lot Size Acres 0.66
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19713

Price
AVG $670K
$740K
Taxes
AVG $4,184
$4,752
Visits
AVG 30
43
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1940

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