New

$3,900,000

For Sale

2 days ago

1220 Old Lancaster Pike, Hockessin, DE

Name: 1220 Old Lancaster Pike, For Sale in Hockessin - eXp Realty
Brand: Pantano Real Estate Inc
SKU: DENC2102436
Price: 3900000 USD

House

MLS® DENC2102436

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage

Taxes $55,307

Days Active 1

Lot Size

Approx. Age 1965

MLS® Number DENC2102436

Property Address: 1220 Old Lancaster Pike, HOCKESSIN, DE, 19707-9401

Average square foot calculated using Size range provided by listing agent.

Description

Hockessin Corner presents a rare opportunity to acquire a well-established, multi-tenant neighborhood retail shopping center located in the heart of the affluent Hockessin marketplace in northern Delaware. The property consists of both inline and free-standing buildings summing to approximately 51, 700 gross square feet of village-style retail with abundant surface parking. Anchored by long-standing tenants including Back Burner, Casual Marketplace, and Jennifer’s Bridal, the center benefits from a complementary mix of service-oriented retailers that generate consistent local traffic and reinforce its position as a true community destination. The property is currently approximately 80% occupied with a weighted average remaining lease term of 4.8+- years, providing investors with in-place and providing future leasing opportunity. Recent tenant renewals underscore tenant commitment and confidence in the center’s vibrancy. Situated on a 6.13-acre site, Hockessin Corner is a rare opportunity in an increasingly supply constrained marketplace. Existing vacancy creates an immediate value-add opportunity through leasing, repositioning, or owner-user occupancy. The buildings are fully sprinklered and supported by public water and sewer, with select gas service. Commercial Neighborhood (CN) zoning with HomeTown (HT) Overlay permits a broad range of commercial uses, providing flexibility for future leasing or adaptive reuse. Strategically located within one of northern Delaware’s most affluent and supply-constrained trade areas, Hockessin Corner draws from the high-income residential communities of Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale. The surrounding market is characterized by strong household incomes, high rates of owner occupancy, and long-term residential stability, supporting durable retail demand.

MLS® NumberDENC2102436

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1965

Basement

DrivewayHandicap Parking, Paved Parking, Unassigned, Parking Lot

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 5, 2026List Date

$3,900,000List Price

Commute

Commute

Starting Address

Destination Address

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