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1705 North Lincoln 1705 Lincoln st 1,750 SF Retail Building Wilmington, DE 19806 $475,000 ($271.43/SF)
Investment Highlights
- Prime location in Trolley Square, Wilmington’s most walkable and lively district.
- Spacious showroom ideal for retail, gallery, or creative office use.
- Surrounded by popular restaurants, pubs, and boutique retail destinations.
- Flexible design allows easy division into two units, each with its own entrance.
- Quick access to I-95, Pennsylvania Avenue, and Delaware Avenue for regional connectivity.
Executive Summary
Welcome to this unique commercial gem in the vibrant heart of Trolley Square! Business is up and running and there is no interruption to business for the sale of real estate. Currently home to a charming frame shop and art gallery, this versatile building is a canvas for your imagination. With a generous 2,218 square feet, the possibilities are endless'”transform it into a duplex or keep the creative vibe flowing. The building features a spacious showroom, perfect for displaying art or converting into living space. With gas heat and central air, comfort is assured year-round. The design allows for easy division into two units, each with its own doorway, offering flexibility for future development or rental opportunities. Situated on a 5,227 square foot lot, this property is not only a prime location but also a blank slate ready for your vision. Whether you're looking to invest or create your dream space, this property offers endless potential. Don't miss out on this opportunity to own a piece of Trolley Square. Schedule your showing today and explore the possibilities!
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,750 SF
Building Class
C
Year Built
1949
Price
$475,000
Price Per SF
$271.43
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.12 AC
Zoning
R-3 - medium-density residential areas, permitting a mix of single-family homes, duplexes, townhouses, and sometimes low-rise apartments.
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-013.10-193 | Improvements Assessment | $64,700 |
| Land Assessment | $26,100 | Total Assessment | $90,800 |
Property Taxes
Parcel Number
26-013.10-193
Land Assessment
$26,100
Improvements Assessment
$64,700
Total Assessment
$90,800
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1705 North Lincoln | 1705 Lincoln st
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