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10-16 S Maryland Ave 16 S Maryland Ave 4,320 SF 100% Leased Retail Building Wilmington, DE 19804 $499,900 ($115.72/SF)

Retail Spaces Delaware Wilmington 16 S Maryland Ave, Wilmington, DE 19804

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Executive Summary

Price reduction. Motivated seller. 3 commercially zoned(CN) retail/apt properties(10, 12 and 16 S Maryland Ave) with parking lot on the heavily travelled thoroughfare of S Maryland Ave. Located outside of the city limits, a value add opportunity like this doesn't come along very often. Formally used as office space, storage, apts and retail.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,320 SF
Building Class
C
Year Built
1953
Price
$499,900
Price Per SF
$115.72
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.09 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - CN, Commercial Neighborhood
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 07-043.10-395 Improvements Assessment $125,600
Land Assessment $258,000 Total Assessment $383,600

Property Taxes

Parcel Number
07-043.10-395
Land Assessment
$258,000
Improvements Assessment
$125,600
Total Assessment
$383,600
(302) 388-9802

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Contact the broker for more information about this property

Contact

  • Listing ID: 39622596

  • Date on Market: 3/1/2026

  • Last Updated:

  • Address: 16 S Maryland Ave, Wilmington, DE 19804

The Retail Property at 16 S Maryland Ave, Wilmington, DE 19804 is currently available for Sale. Contact Patterson Schwartz for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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10-16 S Maryland Ave | 16 S Maryland Ave

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