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Investment Highlights

  • On and Off Site Parking!
  • Turn key investment with owner/user opportunity
  • Premier Trolley Square/Forty Acres Location

Executive Summary

Prime mixed-use assemblage of adjacent properties, located in the highly sought-after Trolley Square/Forty Acres district. This rare offering includes three buildings, on-site parking, and additional off-site parking nearby—an exceptional advantage in this vibrant urban neighborhood. The newer structure (1719) is a purpose-built office building featuring four levels of well-designed workspace (including a lower level). 1721 and 1732 offer long-standing retail tenancy, salon use, and a residential dwelling unit, creating a diversified and resilient income stream. With stable income in place and a strong tenant mix, this choice property provides an excellent opportunity to diversify across multiple use types while securing a foothold in one of Wilmington’s premier submarkets. A must see for investors or owner/uses seeking quality, location, and long-term stability.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
5,435 SF
Building Class
B
Year Built
1986
Price
$1,550,000
Price Per SF
$285.19
Cap Rate
7.48%
NOI
$115,977
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,700 SF
Building FAR
1.56
Lot Size
0.08 AC
Zoning
C-1
Parking
4 Spaces (0.74 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Partitioned Offices
  • Plug & Play
  • Air Conditioning
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
26-013.40-136
Land Assessment
$48,800
Improvements Assessment
$349,600
Total Assessment
$398,400
  • Listing ID: 39849211

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 1719 Delaware Ave, Wilmington, DE 19806

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