825 N MARKET ST, Wilmington, DE 19801
825 N MARKET ST, Wilmington, DE 19801
825 N MARKET ST, Wilmington, DE 19801
825 N MARKET ST, Wilmington, DE 19801
825 N MARKET ST, Wilmington, DE 19801
825 N MARKET ST, Wilmington, DE 19801
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Listed by Ms. Yasmin Bowman • Tesla Realty Group, LLC
$ 895,000
Est. payment | /mo

1,307 Sqft Lot


Save
$ 895,000
Est. payment | /mo
Save

1,307 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DENC2104840

Year Built 1920

Available Date 2026-06-15

Annual Tax Amount $8,516

Tax Year 2025

Lot Size 1,307 Sqft

Acres 0.03

Lot Dimensions 19.50 x 60.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

825 N.​ Market Street | Wilmington, DE 19801 - Exceptional mixed-use building and investment opportunity in the heart of Downtown Wilmington's thriving business and entertainment district.​ This commercially zoned property is comprised of residential and commercial units as follows: Six total units: one street-level commercial space currently leased to a restaurant and five upper-floor apartments comprised of one 2BR unit, three 1BR units, and one studio apartment.​ Positioned directly across from the landmark Grand Opera House and surrounded by many popular restaurants, offices, hotels, new residential development, and year-round entertainment, 825 N.​ Market Street offers prime visibility and strong tenant appeal on one of the city's most desirable blocks in the heart of the Downtown Wilmington business and entertainment center and "Development District.". The ground-floor commercial space includes approximately 938 SF with a lease in place through 2028, while the residential units provide stable income with high occupancy.​ Potential exists for value-add rental increases.​ Each unit benefits from individually allocated HVAC and water heaters, and tenants pay all utilities except cold water and sewer.​ Located within the city's Development District and a federally designated "Opportunity Zone." Located two blocks from Rodney Square, the landmark world-famous Hotel DuPont and the new Widener Law School and education center (Former MBNA Bank building complex) and walking distance to the popular Wilmington Riverfront. This asset may also offer improvement incentive potential, subject to approval.​ Contact listing agent for lease schedules and operating income and expenses.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-3

Interior

Hot Water Electric

Heating Forced Air, Heat Pump - Electric BackUp

Cooling Multi Units, Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility 32\"+ wide Doors

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Bayard

School District Christina

Others

Tax ID 26-035.20-096

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Edward Rogers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 231-7212

edrogers@honestrealestate.com

12320 Academy Rd, Philadelphia, Pennsylvania, 19154, USA

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825 N MARKET ST