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721 King St
Wilmington, DE 19801
Retail Property For Sale
Investment Highlights
- 1,476 +/- SF Building
- All Kitchen Equipment, Fixtures and Furniture Included in the Sale
Executive Summary
Own a piece of Wilmington’s history. This 1,476 +/- SF historic building is ideally situated along one of the main corridors in downtown Wilmington, offering excellent visibility, walkability, and access to surrounding businesses. The property is currently configured and operating as a sit-down restaurant, but its flexible layout and central location make it well-suited for a variety of uses—including retail, or continued food service. Included in the sale are the existing furniture, fixtures, and equipment, allowing for a potential turnkey transition for restaurant operators or easy repositioning for a new business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,500 SF
Building Class
C
Year Built
1909
Price
$395,000
Price Per SF
$263.33
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.86
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
C - 26C-3 - CENTRAL RETAIL
Frontage
31’ on King St
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 26-035.40-050 | Improvements Assessment | $176,500 |
| Land Assessment | $258,000 | Total Assessment | $434,500 |
Property Taxes
Parcel Number
26-035.40-050
Land Assessment
$258,000
Improvements Assessment
$176,500
Total Assessment
$434,500
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