Listed by LMT Commercial Realty, LLC.
$399,000
1828 West 11th Street Wilmington, DE 19805
Details
Property Type Retail, Multifamily
Sub Type Apartment Building, Restaurant
Square Footage 2,976
Occupancy 100%
Class C
Year Built 1900
Acreage 0.040
Zoning 26C-2
Ground Lease No
Investment Property For Sale
Marketing description
Position your investment portfolio with this 2,976 +/- SF, three-story mixed-use property for sale on 11th Street in Wilmington, Delaware. This fully occupied, income-producing asset offers immediate cash flow with an established restaurant tenant in place, making it an attractive opportunity for investors seeking stable returns and long-term upside.
Located in a densely populated area with convenient access to Downtown Wilmington, Interstate 95, and major commuter routes, the property features a first-floor restaurant, a second-floor living area (formerly restaurant seating), a third-floor apartment, and a basement. The current tenant leases the entire building, providing a single-tenant investment with consistent income.
Investment highlights
- 2,976 +/- SF three-story freestanding restaurant/multi-family building
- Three stories plus basement
- Fully leased with existing restaurant tenant currently leasing the entire building
- Income-producing investment opportunity
- Located along the 11th Street corridor in Wilmington, DE
- Convenient access to I-95 and major commuter routes
Listing Contacts
Listed by LMT Commercial Realty, LLC.
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