2150 NEW CASTLE AVE Active

New Castle,DE 19720

$ 4500000

- Bed

- Bath

23770 SqFt


Key Details

Property Type Commercial

Sub Type Sports and Entertainment

Listing Status Active

Purchase Type For Sale

Square Footage 23,770 sqft

Price per Sqft $189

MLS Listing ID DENC2056988

Originating Board BRIGHT

Year Built 1987

Annual Tax Amount $17,709

Tax Year 2022

Lot Size 1.580 Acres

Acres 1.58

Lot Dimensions 0.00 x 0.00

Property Description

Introducing an incredible investment opportunity at NEW CASTLE FITNESS CENTER, located at 2150 NEW CASTLE AVE, NEW CASTLE, DE 19720. This property offers a 1.58-acre lot with a 25,770 sqft facility featuring pools, a hot tub, sauna, steam room, fitness areas, and more. With a proposed NOI of $435,100, this turn-key business presents a lucrative option for investors or developers. Situated strategically near major national chains like Starbucks and Courtyard by Marriott, the property boasts exceptional transportation access and high visibility on one of Delaware's busiest roads. Recent renovations have enhanced the premises, allowing for the potential separation of the fitness and swim businesses. Additionally, the property benefits from proximity to key transport hubs like I-95, ILG Airport, NJ Turnpike, and rail connections, making it a prime location for business growth. Don't miss the chance to own this income-producing asset with substantial upside potential in a highly desirable location.

Location

State DE

County New Castle

Area New Castle/Red Lion/Del.City (30904)

Zoning CR

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 67.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 67

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Colonial

Others

Tax ID 10-015.00-002

Ownership Other

SqFt Source Estimated

Special Listing Condition Standard

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