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735 Philadelphia Pike 1,372 SF Vacant Retail Building Wilmington, DE 19809 $750,000 ($546.65/SF)
Investment Highlights
- The property offers redevelopment opportunities—whether expanding existing structures or creating new commercial, retail, or mixed-use spaces.
- Located on the high-traffic Philadelphia Pike
- Features a spacious lot with approximately 60 parking spaces
Executive Summary
Prime Commercial Property with Endless Possibilities – 735 Philadelphia Pike, Wilmington, DE
Discover a rare commercial opportunity in the heart of Wilmington. Located on the high-traffic Philadelphia Pike, this property offers exceptional visibility, easy access, and ample parking, making it ideal for businesses seeking to attract steady customers. The surrounding neighborhood combines commercial and residential uses, creating a dynamic and vibrant community atmosphere.
The property features a spacious lot with approximately 60 parking spaces, accommodating both clients and employees. An existing garage provides excellent potential for automotive-related uses, rental operations, or similar businesses. For visionary buyers, the property also offers redevelopment opportunities—whether expanding existing structures or creating new commercial, retail, or mixed-use spaces.
All proposed uses, zoning, and approvals are subject to buyer verification and county approval.
This is a turnkey opportunity for entrepreneurs, investors, or developers looking to capitalize on a prime Wilmington location with flexibility and growth potential. Buyer due diligence is required.
Discover a rare commercial opportunity in the heart of Wilmington. Located on the high-traffic Philadelphia Pike, this property offers exceptional visibility, easy access, and ample parking, making it ideal for businesses seeking to attract steady customers. The surrounding neighborhood combines commercial and residential uses, creating a dynamic and vibrant community atmosphere.
The property features a spacious lot with approximately 60 parking spaces, accommodating both clients and employees. An existing garage provides excellent potential for automotive-related uses, rental operations, or similar businesses. For visionary buyers, the property also offers redevelopment opportunities—whether expanding existing structures or creating new commercial, retail, or mixed-use spaces.
All proposed uses, zoning, and approvals are subject to buyer verification and county approval.
This is a turnkey opportunity for entrepreneurs, investors, or developers looking to capitalize on a prime Wilmington location with flexibility and growth potential. Buyer due diligence is required.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
1,372 SF
Building Class
C
Year Built
1963
Price
$750,000
Price Per SF
$546.65
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.41 AC
Zoning
CN - Mixed use for a business with residential above was preliminarily approved for previous owner.
Parking
60 Spaces (43.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Trou Auto Care LLC
- Services
- -
- -
- -
-
- Real Estate
- -
- -
- -
U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen and Anna Mary Carty Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. In addition to moving truck and trailer rentals and self-storage units, many U-Haul centers and dealerships also provide moving boxes, packing supplies, LPG (propane) refill, trailer hitch and wiring installation, storage container rentals, and other services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Trou Auto Care LLC | Services | - | - | - | ||
|
|
Real Estate | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-132.00-165 | Improvements Assessment | $137,700 |
| Land Assessment | $193,500 | Total Assessment | $331,200 |
Property Taxes
Parcel Number
06-132.00-165
Land Assessment
$193,500
Improvements Assessment
$137,700
Total Assessment
$331,200
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735 Philadelphia Pike