101 Vandever Ave

Investor Alert! Here's a rare opportunity to own this income producing four-unit property situated in a convenient Wilmington location. This listing is for the combined sale of two adjacent parcels which includes two ground-level commercially zoned retail spaces and two 2-bedroom apartments above, and a parking lot. The current deli/convenience store at 103 Vandever is currently leased long term and the tenant pays all the utilities. It features an employee bathroom, utility room, basement storage, and the retail space is fitted with a counter check-out area, commercial kitchen, and all the equipment necessary to operate. The 2nd commercial space was once a retail beauty supply store. It features a large store front, a bathroom, and a rear office or supply room. The opportunities for commercial/retail use of this space is only limited by your imagination. Both the 2nd and 3rd floor residential units are vacant offering the next owner the peace of mind of qualifying their own tenants and potential for increased rents with a little refreshing inside the units. The utilities for each unit appear to be separately metered for simplicity between leases (buyer to confirm). Plenty of on-street parking is available nearby, but the included parking lot offers the convenience for customers to quickly stop in. With quick access to downtown, rt13, 202, 95, & 495, this central location is sure to be appealing to both business owners and tenants. Property being sold as-is. Schedule your private showing before it's too late!