Bought with Jill A. Sussman • Sky Realty
$650,000
$899,900
27.8%For more information regarding the value of a property, please contact us for a free consultation.
2,178 Sqft Lot
SOLD DATE : 12/30/2025
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DENC2065714
Sold Date 12/30/25
Year Built 1906
Available Date 2024-08-02
Annual Tax Amount $2,996
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 18.90 x 131.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Welcome to an unparalleled investment opportunity on a major thoroughfare in the City of Wilmington, featuring two side-by-side buildings with immense potential. Building 1 houses an actively licensed liquor store on the ground level, with a 3-bedroom, 1-bathroom apartment above. The included liquor license likely provides market exclusivity within a half-mile radius, offering a stable income stream and deterring competition. Building 2 is comprised of three units: an unfinished commercial space and an efficiency unit on the first floor, with a 3-bed, 1-bath unit on the second floor. Both buildings require significant rehabilitation, making them perfect for a savvy investor looking to add value. Located in a prime urban setting, these properties offer diverse rental and commercial opportunities, enhanced by Wilmington's ongoing development. Don't miss this rare chance to secure a key piece of Wilmington's real estate market and capitalize on its growth potential. Schedule your tour today!
Both Parcels - 26-022.20-440 & 26-022.20-439 are included in the sale.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-1
Interior
Hot Water None
Heating Baseboard - Electric
Cooling Window Unit(s)
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Brandywine
Others
Tax ID 26-022.20-439
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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