Exceptional opportunity to acquire a well-located mixed-use property in Wilmington, Delaware, featuring a long-standing, income-producing commercial business and a spacious residential unit above—ideal for investors, owner-operators, or live-work buyers. The street-level commercial space is home to a well-known, established liquor store brand, named after the original owner of the building and recognized throughout the surrounding area. The business has a documented history of strong performance, generating approximately $400,000–$500,000 in annual gross revenue from 2017–2024, reflecting consistent demand and a loyal customer base. The liquor license is included with the sale, allowing a new owner to continue operations seamlessly under an established name, or reposition the space while retaining the valuable license. Above the commercial space is a large 4-bedroom residential unit, offering the flexibility to live above your business, house a manager, or rent the unit separately for additional income—a powerful advantage for offsetting living expenses or maximizing overall returns. Situated on North Market Street, a high-visibility corridor with convenient access to downtown Wilmington, major employment centers, and surrounding neighborhoods, this property benefits from both traffic exposure and neighborhood stability. Key Highlights: Mixed-use commercial and residential building Established liquor store with strong historical revenue Well-known local brand named after the building’s original owner Liquor license included with sale Residential unit provides live-work or rental income options Prime North Market Street location with excellent visibility This property represents a rare chance to acquire a cash-flowing mixed-use asset with a recognized local business, built-in income, and long-term upside, making it attractive to both seasoned investors and owner-operators seeking stability and flexibility.
196 days
|
268
|
9
|
Zillow last checked:
Listing updated:
Listed by:
Michael Mulski302-609-9888,
Crown Homes Real Estate(302) 504-6147
Source: Bright MLS,MLS#: DENC2095798
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Basement
Area: 1687
Heating
None
Cooling
None
Features
Has basement: No
Has fireplace: No
Interior area
Total structure area: 2,187
Total interior livable area: 2,187 sqft
Finished area above ground: 500
Finished area below ground: 1,687
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Pool features: None
Lot
Size: 2,178 Square Feet
Dimensions: 18.50 x 126.20
Details
Additional structures: Above Grade, Below Grade
Parcel number: 26022.30339
Zoning: 26R-3 & 26C-1
Zoning description: Zoned 26R-3 / 26C-1 per New Castle County, allowing mixed-use with street-level commercial and residential above.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.