Active

4905 Mermaid Blvd

Wilmington DE, 19808

$5,200,000


$119.82 per sqft

Active

43,400 sqft

Commercial

Built in 1983

We have listed a great investment opportunity in Wilmington, Delaware. Located at 4905 Mermaid BLVD, Wilmington, DE, this Fitness Center and Swim Club is a turn-key business listed at $5.2 million. Zoner C.N. (Commercial Neighborhood), this location gives incredible access to a large population of Wilmington residents. The property is 2.6 acres with a 43,400 sq ft facility. The property borders two parks and a golf course. A cap rate of 7.7 +/- is available on a sale and lease-back agreement.

DENC2056980

MLS ID

April 10, 2024

Updated

Map

4905 Mermaid Blvd
Wilmington DE, 19808

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

2.6 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$47,516


Tax Frequency

Annually


Days on Market

43


Garage

No


Parking Total

135


View

No


County

NEW CASTLE


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Jeffrey Spiegelman, with The Moving Experience Delaware Inc
Listing Contact: 3023997728 

The IDX display contains information sourced from the Bright MLS, Inc. as of 4/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 4/10/2024 at 1:07 PM UTC

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