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1828 W 11th St
Wilmington, DE 19805
Investment Property For Sale · Retail Property For Sale

Investment Highlights

  • 2,976 +/- SF three-story freestanding restaurant/multi-family building
  • Fully leased with existing restaurant tenant currently leasing the entire building
  • Located along the 11th Street corridor in Wilmington, DE
  • Three stories plus basement
  • Income-producing investment opportunity
  • Convenient access to I-95 and major commuter routes

Executive Summary

Position your investment portfolio with this 2,976 +/- SF, three-story mixed-use property for sale on 11th Street in Wilmington, Delaware. This fully occupied, income-producing asset offers immediate cash flow with an established restaurant tenant in place, making it an attractive opportunity for investors seeking stable returns and long-term upside.
Located in a densely populated area with convenient access to Downtown Wilmington, Interstate 95, and major commuter routes, the property features a first-floor restaurant, a second-floor living area (formerly restaurant seating), a third-floor apartment, and a basement. The current tenant leases the entire building, providing a single-tenant investment with consistent income.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,976 SF
Building Class
C
Year Built
1900
Price
$399,000
Price Per SF
$134.07
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.71
Lot Size
0.04 AC
Zoning
C-2, Wilmington City

Property Taxes

Property Taxes

Parcel Number
26-020.10-074
Land Assessment
$129,000
Improvements Assessment
$244,700
Total Assessment
$373,700
  • Listing ID: 40741807

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: 1828 W 11th St, Wilmington, DE 19805

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