2 Beds
1 Bath
2,187 SqFt
2 Beds
1 Bath
2,187 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,187 sqft
Price per Sqft $205
Subdivision None Available
MLS Listing ID DENC2095798
Style Other
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 500
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
Source BRIGHT
Property Description
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.
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
Private Pool No
Building
Story 2
Above Ground Finished SqFt 500
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Brandywine
Others
Senior Community No
Tax ID 26-022.30-339
Ownership Fee Simple
SqFt Source 2187
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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