2,178 Sqft Lot
2,178 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DENC2095800
Year Built 1973
Annual Tax Amount $5,534
Tax Year 2025
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 18.50 x 126.20
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The ground-floor commercial space is occupied by a recognized, long-standing liquor store brand, named after the original owner of the building, with deep neighborhood recognition and repeat customer traffic. The business has demonstrated consistent historical performance, with gross revenues averaging approximately $400,000–$500,000 annually from 2017 through 2024. Liquor license is included in the sale, offering immediate operational continuity and eliminating the time and uncertainty typically associated with license acquisition.
The upper-level residential unit offers additional value and flexibility, suitable for owner-occupancy, on-site management housing, or separate rental income. This configuration supports live-work use, partial owner occupancy, or full investment operation, allowing buyers to tailor the asset to their business or investment model.
Located along North Market Street, a well-traveled corridor with strong visibility and access to downtown Wilmington, surrounding residential neighborhoods, and major employment centers, the property benefits from steady traffic counts and neighborhood demand.
Investment Highlights
Mixed-use commercial + residential asset
Operating liquor store with proven multi-year revenue history
Established local brand with long-term goodwill
Liquor license conveyed with sale
Residential unit enhances cash flow and operational flexibility
Suitable for owner-operator or investor ownership
Prime Wilmington location with strong visibility and access
This offering presents a rare opportunity to acquire a stabilized mixed-use property with an operating business, transferable license, and additional residential income, making it well suited for investors seeking durable cash flow or operators looking to own both the business and real estate.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3 & 26C-1
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Brandywine
Others
Tax ID 26-022.30-339
Ownership Other
Special Listing Condition Standard
- 9
Odyssey Charter School
Public | KG - 6
- 6
Lombardy Elementary School
Public | KG - 5
- 5
Kuumba Academy Charter School
Public | KG - 6
- 5
Carrcroft Elementary School
Public | KG - 5
- 4
William C. Lewis Dual Language Elementary School
Public | KG - 5
- 4
Mount Pleasant Elementary School
Public | KG - 5
- 2
First State School
Public | KG - 12
- 2
Edison (Thomas A.) Charter School
Public | KG - 8
- 2
Harlan (David W. ) Elementary School
Public | KG - 5
- 2
East Side Charter School
Public | KG - 8
- 1
Pulaski (Casimir) Elementary School
Public | PK - 5
- 1
Highlands Elementary School
Public | KG - 5
- 1
Warner Elementary School
Public | KG - 5
- 0
Douglass School
Public | KG - 12
- 0
Harvest Christian Academy - Wilmington
Private | PK - 7
- 0
Tower Hill School
Private | PK - 12
- 0
Zion Early Education Center
Private | PK - KG
- 0
St Elizabeth Elementary School
Private | PK - 8
- 0
Nativity Preparatory School of Wilmington
Private | 5 - 8
- 0
St Anthony of Padua Grade School
Private | PK - 8
- 5
Howard High School of Technology
Public | 8 - 12
- 5
Dupont (Pierre S.) Middle School
Public | 6 - 8
- 0
Bayard Middle School
Public | 6 - 8
- 0
Moyer (Maurice J.) Academy
Public | 6 - 12
- 7
Mount Pleasant High School
Public | 9 - 12
- 0
St Elizabeth High School
Private | 9 - 12
- 0
Padua Academy
Private | 9 - 12
- 0
Salesianum School
Private | 9 - 12
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