8 Commonwealth Avenue

CLAYMONT, DE 19703

  • 16 Bed(s)
  • 8.5 Bath(s)
  • 0 Sqft
  • 12197
    Sqft(Lot)
$1,999,999

Description

Available now! once in a lifetime opportunity to own an entire building with commercial and residential units. updated financials will be added. current owner has increased rents and made numerous improvements throughout. perfect opportunity to buy now and utilize the increased cash flow (and not have to worry about getting costly repairs/upgrades completed). all payments from current tenants are being converted to online payments to make it very easy for the new owner to take over the reigns. additional notes below: a building with a rich history stands proudly at the entrance to overlook colony. with the revitalization going on in claymont, it has seen many changes since 1917 when constructed by general chemical company. initially, the two-story building with a full basement was used as the community center for overlook colony and was placed at the main entrance just off of philadelphia pike. the colony was planned and developed by general chemical to house their employees in what were very nice, substantial homes at the time. besides being called the community center it was later known as redman's hall; a meeting place for a fraternal group. it also housed activities of the holy rosary church and stores including shinn's and later, steins. if you walk the halls of our building you will notice a lovely plaque that was presented to the three of us by the claymont fire company. it commemorates the fact that many years ago, all of the organizational meetings of the fire company were held in our building. also, up until 1924, when the claymont school was built on a lot donated by general chemical, the community center provided several rooms to take care of the educational needs of the children in the colony. in 1989, new owners purchased the building and since then have tried to keep the glory of the building's former days while completely modernizing the structure. because of our efforts, they were presented with a new castle county historic preservation award in 2000 and were given a grant of $2,500 from general chemical in 2002 to help beautify the front of the building. much thought, work, and finances have been expended over the years.

  • Property Type

    Residential

  • Subdivision

    Overlook Colony

  • County

    NEW CASTLE

  • Style

    Contemporary,Converted Dwelling,Traditional

  • AD ID

    46084741

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16
    • Master Bedroom Level: 16

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 8
    • Half Baths: 2

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Slate
    • Basement Description: Combination

    Roofing Information

    • Slate

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Other
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1917
    • Structure: Detached
    • New Construction: No
    • Built: 1917
    • Construction Material: Stone,Mixed
    • Roof: Slate
    • Foundation/Basement: Permanent
    • Architecture: Contemporary,Converted Dwelling,Traditional
    • Pool/Private: No Pool
    • Roof Type: Slate

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 12,197
    • Dimensions: 120.00 x 100.00
    • Lot Size (Acres): 0.28
    • Architectural Style: Contemporary,Converted Dwelling,Traditional
    • Stories Total: 3
    • Main Square Feet: 12,197

    Property Information

    • SQ ft: 13,500
    • SQ ft (Living Area): 11,500
    • Total Lot SQ ft: 12,197
    • Subdivision: OVERLOOK COLONY
    • Appx. Lot Dimensions: 120.00 x 100.00
    • Total Acreage: 0.28
    • New Construction: No
    • Type: Contemporary,Converted Dwelling,Traditional

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 91

  • Tax Information

    • Annual Tax: $5,600
    • Tax Year: 2022
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $158,300

  • Virtual Tour

    Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Roof: Slate

    Homeowners Association Information

    • Direction: Its right off of Route 13. Turn right if you came off of 495, Building is first one in from the corner. You can't miss it.

  • School Information

    • School District: BRANDYWINE

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: Its right off of Route 13. Turn right if you came off of 495, Building is first one in from the corner. You can't miss it.
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2020 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 11/23/2024 @ 19:16

  • MLS: DENC2063148
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 16 bedrooms which is for sale, it has 0 sqft, 12,197 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of CLAYMONT , in zip code 19703, this NEW CASTLE County Home , it is in the OVERLOOK COLONY Subdivision, and are nearby neighborhoods.