905 Orange StWilmington, DE 19801

For Sale
$790,000

Historic Jazz Bar & Apartments

Overview

Added:
Dec 11, 2024
Days on market:
90
Exceptional investment opportunity in Wilmington, DE! This prime mixed-use building at 905 N Orange St. boasts 6,673 square feet across three stories, built in 1903. The ground floor houses a thriving jazz bar with a taproom liquor license, included in the sale. A leased apartment on the second floor provides immediate rental income. The third floor offers an unfinished apartment, ready for customization to maximize rental potential or create additional living space. The building sits on a 0.04-acre lot and is zoned 26C-4. The total asking price is $790,000, encompassing both the building ($495,000) and the established jazz bar business ($295,000). The building has three units and is currently occupied. The property is expected to be available on November 14, 2024. This presents a unique chance to acquire a profitable, established business alongside a versatile multi-unit property in a desirable location. The building's historic charm combined with its income-generating potential makes this an attractive investment for discerning buyers. The sale of the building includes the jazz bar business

Highlights

  • Prime mixed-use building in Wilmington, DE, totaling 6,673 square feet across three floors.
  • Thriving jazz bar with taproom liquor license included in the $790,000 sale price.
  • Leased second-floor apartment provides immediate rental income.
  • Unfinished third-floor apartment offers significant value-add potential.
  • 0.04-acre lot, zoned 26C-4. Building sale price: $495,000; Jazz bar business sale price: $295,000.
  • Available November 14, 2024.

Property Details for 905 Orange St

Property type
Other retail properties, Other mixed-use properties
Square Feet
6,673 SF
Class
C
Year Built
1903
Buildings
1
Stories
3
Lot Size (sq. ft)
1,742 SF
Units
3

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.745532017276
Longitude
-75.549463447228
905 Orange St, Wilmington, Delaware

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905 Orange St
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