Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1973
Sq.Footage
2,187
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 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.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
500.0
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential
-
Architectural Style
Other
Price
-
Sales Price
$495,000
-
Tax Amount
5534.0
-
Zoning
Zoned 26R-3 / 26C-1 per New Castle County, allowing mixed-use with street-level commercial and residential above.
-
Sq. Footage
2, 187
-
Price/SqFt
$226
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
339
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Michael Mulski , Crown Homes Real Estate
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The Campbell Home Team-Team Leader, Co-Owner
Thomas Campbell
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