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$895,000

For Sale

3 days ago

825 N Market St, Wilmington, DE

House

MLS® DENC2104840

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $8,516
Days Active 3
Lot Size 0.03 Acres
Approx. Age 1920
MLS® Number DENC2104840

Property Address: 825 N Market St, WILMINGTON, DE, 19801-4932

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

Description

825 N.​ Market Street | Wilmington, DE 19801 - Exceptional mixed-use building and investment opportunity in the heart of Downtown Wilmington’s thriving business and entertainment district.​ This commercially zoned property is comprised of residential and commercial units as follows: Six total units: one street-level commercial space currently leased to a restaurant and five upper-floor apartments comprised of one 2BR unit, three 1BR units, and one studio apartment.​ Positioned directly across from the landmark Grand Opera House and surrounded by many popular restaurants, offices, hotels, new residential development, and year-round entertainment, 825 N.​ Market Street offers prime visibility and strong tenant appeal on one of the city’s most desirable blocks in the heart of the Downtown Wilmington business and entertainment center and "Development District.". The ground-floor commercial space includes approximately 938 SF with a lease in place through 2028, while the residential units provide stable income with high occupancy.​ Potential exists for value-add rental increases.​ Each unit benefits from individually allocated HVAC and water heaters, and tenants pay all utilities except cold water and sewer.​ Located within the city’s Development District and a federally designated "Opportunity Zone." Located two blocks from Rodney Square, the landmark world-famous Hotel DuPont and the new Widener Law School and education center (Former MBNA Bank building complex) and walking distance to the popular Wilmington Riverfront. This asset may also offer improvement incentive potential, subject to approval.​ Contact listing agent for lease schedules and operating income and expenses.
MLS® NumberDENC2104840
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayOn Street, Off Site, Private Garage, Public Garage
Garage Spaces
HeatForced Air, Heat Pump - Electric BackUp, Electric
A/CMulti Units, Central A/C, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$895,000List Price
  • Commute

Commute

Starting Address
Destination Address
825 N Market St, Wilmington, DE

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