Listed by LMT Commercial Realty, LLC.
$1,050,000
12 Trolley Square
Details
Property Type Retail, Mixed Use
Square Footage 2,940
Units 3
Tenancy Multi
Lease Type NNN
Class B
Year Built 1972
Buildings 1
Ground Lease No
Rare Trolley Sq. Mixed-Use Investment Opportunity
Marketing description
Rare mixed-use investment or restaurant opportunity in Wilmington's sought-after Trolley Square neighborhood. This three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above, providing diversified commercial and residential income. Located in one of the city's most established neighborhoods, the property offers convenient access to Downtown Wilmington, I-95, restaurants, retail, and major employers.
Individual Condo Square Footage: 980 +/- SF
Total Building Square Footage: 2,940 +/- SF
Investment highlights
- Three-story mixed-use property with three separate units
- Former restaurant occupies the entire first floor and two leased residential apartments provide diversified income alongside the commercial space
- Located in the heart of Trolley Square, surrounded by restaurants, retail, and neighborhood amenities
- Walkable location with strong residential demand and consistent pedestrian activity
- Convenient access to Downtown Wilmington and I-95
- Well-suited for restaurant operators, investors or 1031 exchange buyers seeking stable cash flow and long-term appreciation
Listing Contacts
Listed by LMT Commercial Realty, LLC.
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