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Sandy Collins

1 Shellcrest Lane, Wilmington, DE 19803

$899,900
  • 1 Shellcrest Lane, Wilmington, DE 19803 Main Photo

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MLS#DENC2112376
STATUSACTIVE PROPERTY TYPECommercial - Business SCHOOLBRANDYWINE

Property Description

Shellcrest Swim Club — Investment Opportunity Established Community Swim Club | Value-Add Investment | Projected 8% Annual Return Established in 1957, Shellcrest Swim Club presents a unique opportunity for an investor or investment group to partner with an established community-based recreational business and participate in its next chapter of growth. Situated on approximately 3.3 acres and zoned NC6.5, the property combines an established recreational operation with a substantial underlying real estate asset. Rather than simply acquiring real estate, this opportunity is designed around the preservation, renovation and continued operation of a longstanding neighborhood institution. A current business plan has been developed to support strategic capital improvements, enhance the member experience, strengthen operations and create additional opportunities for future growth. The proposed investment structure provides an opportunity for investors to participate in the club’s future while supporting a valuable community asset. Based on the current business plan, the investment is projected to generate an annual return of approximately 8%, subject to the final investment structure, operating performance and investor due diligence.

1 Shellcrest Lane | MLS# DENC2112376

This commercial property located at 1 Shellcrest Lane, Wilmington, DE 19803 is currently listed for sale with an asking price of $899,900. Shellcrest Lane is located within the BRANDYWINE school district. Search Wilmington real estate on www.sandycollinsrealtor.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 3.30 Acres
Taxes: $5,177
Year Built: 1957

Feature Descriptions

Exterior: Asphalt, Masonry, Other
Lot Dimensions: 3.30 Acre(S)
Parking Notes: Paved Parking
Sewer: Public Sewer
Total Garage/Parking Spaces: 70
Water: Public

Local Schools

School District: BRANDYWINE

Listed By / Shown By

Listed By

Agency Name: Long & Foster Real Estate, Inc.
Agency Phone: 3023515000

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