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804 N Lincoln St 3,400 SF 100% Leased Retail Building Wilmington, DE 19805 $495,000 ($145.59/SF)
Investment Highlights
- 3,400 SF mixed-use building
- Second-floor 1BR/1BA apartment
- Strong income-producing potential
- Established long-term commercial tenant
- Estimated residential rent: $1,650/month
- Excellent visibility and accessibility
Executive Summary
Prime Mixed-Use Investment Opportunity – Wilmington, DE
Well-maintained 3,400 square foot mixed-use property located at 804 N. Lincoln Street in the heart of Wilmington. This established storefront building offers a strong investment opportunity with a long-term commercial tenant in place, providing immediate and stable income. Broker to provide Tenant information by request.
The ground floor features a well-positioned retail space with excellent street visibility and consistent foot traffic, making it ideal for continued business success. The tenant has a proven operating history at this location, adding reliability for investors.
Above the commercial space, the second floor includes a newly renovated spacious one-bedroom, one-bath apartment with separate access. Interior apartment photos are forthcoming. The residential unit offers additional income potential, with estimated rental income of approximately $1,650 per month.
This property is ideal for investors seeking a mixed-use asset with dual income streams in a growing Wilmington market. Conveniently located near major roadways, public transportation, and local amenities.
Well-maintained 3,400 square foot mixed-use property located at 804 N. Lincoln Street in the heart of Wilmington. This established storefront building offers a strong investment opportunity with a long-term commercial tenant in place, providing immediate and stable income. Broker to provide Tenant information by request.
The ground floor features a well-positioned retail space with excellent street visibility and consistent foot traffic, making it ideal for continued business success. The tenant has a proven operating history at this location, adding reliability for investors.
Above the commercial space, the second floor includes a newly renovated spacious one-bedroom, one-bath apartment with separate access. Interior apartment photos are forthcoming. The residential unit offers additional income potential, with estimated rental income of approximately $1,650 per month.
This property is ideal for investors seeking a mixed-use asset with dual income streams in a growing Wilmington market. Conveniently located near major roadways, public transportation, and local amenities.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,400 SF
Building Class
C
Year Built
1925
Price
$495,000
Price Per SF
$145.59
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.07 AC
Zoning
26R-3
Frontage
49’ on Lincoln St
Amenities
- 24 Hour Access
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-019.40-217 | Improvements Assessment | $26,400 |
| Land Assessment | $9,100 | Total Assessment | $35,500 |
Property Taxes
Parcel Number
26-019.40-217
Land Assessment
$9,100
Improvements Assessment
$26,400
Total Assessment
$35,500
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804 N Lincoln St
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