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.
Property Features
Property Type: Commercial - Business
Lot Size: 3.30 Acres
Taxes: $5,177
Year Built: 1957
Feature Descriptions
Days on Site: 14
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
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
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.realtymarkllc.com today.