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12 Trolley Sq
Wilmington, DE 19806
Trolley Sq. Mixed-Use Investment Opportunity · Retail Property For Sale
·
42,401 SF
Investment Highlights
- Three-story mixed-use property with three separate units
- Located in the heart of Trolley Square, surrounded by restaurants, retail, and neighborhood amenities
- Convenient access to Downtown Wilmington and I-95
- Former restaurant occupies the entire first floor and two leased residential apartments provide diversified income alongside the commercial space
- Walkable location with strong residential demand and consistent pedestrian activity
- Well-suited for restaurant operators, investors or 1031 exchange buyers seeking stable cash flow and long-term appreciation
Executive Summary
Rare mixed-use investment or restaurant opportunity in Wilmington's sought-after Trolley Square neighborhood. This three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above, providing diversified commercial and residential income. Located in one of the city's most established neighborhoods, the property offers convenient access to Downtown Wilmington, I-95, restaurants, retail, and major employers.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 12 | 1,920 SF | Retail | Upon Request | - |
Unit 12
| Unit Size |
| 1,920 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 12
| Unit Size | 1,920 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 42,401 SF | Typical Floor Size | 14,134 SF |
| Property Type | Retail (Condo) | Year Built | 1978 |
| Building Class | C | Lot Size | 1.50 AC |
| Floors | 3 | Parking Ratio | 2.64/1,000 SF |
| Zoning | C-2 - Zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels | ||
| Total Building Size | 42,401 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 14,134 SF |
| Year Built | 1978 |
| Lot Size | 1.50 AC |
| Parking Ratio | 2.64/1,000 SF |
| Zoning | C-2 - Zoning allows for a variety of commercial uses like retail stores, restaurants, offices, and hotels |
Amenities
- Signage
- Air Conditioning
- Smoke Detector
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
