Log In/Sign Up
Your email has been sent.
1719 Delaware Ave 5,435 SF 100% Leased Office Building Wilmington, DE 19806 $1,550,000 ($285.19/SF) 7.48% Cap Rate



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
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
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 26-013.40-136 | Improvements Assessment | $349,600 |
| Land Assessment | $48,800 | Total Assessment | $398,400 |
Property Taxes
Parcel Number
26-013.40-136
Land Assessment
$48,800
Improvements Assessment
$349,600
Total Assessment
$398,400
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1719 Delaware Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
