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Listed by Saeed Shakhshir • Patterson-Schwartz-Hockessin
$300,000
Est. payment /mo
1,307 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Wilm #26
MLS Listing ID DENC2110454
Year Built 1943
Annual Tax Amount $5,498
Tax Year 2025
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Unique Mixed-Use Investment Opportunity in Wilmington! Prominently positioned at the signalized intersection of South Jackson Street and Lancaster Avenue, this three-story corner property offers excellent visibility and flexible live/work or income-producing potential. The first floor features commercial storefront space previously operated as a grocery store, deli and convenience market, along with a half bathroom. Existing store equipment is included with the sale.
Above the commercial space is a spacious two-level residential unit offering four bedrooms and two full bathrooms. The second floor includes two bedrooms, a full bathroom, kitchen and dining area, while the third floor provides two additional bedrooms, another full bathroom and a sitting room. A full basement offers additional storage and is equipped with Bilco-door emergency access.
Conveniently located near downtown Wilmington, the Riverfront, neighborhood shopping, public transportation and Interstate 95, the property presents an attractive opportunity for an owner-occupant, entrepreneur or investor. Operate a business below while living above or explore the property's commercial and residential income potential. Property use, zoning, licensing, permits and occupancy requirements must be independently verified with the City of Wilmington. Commercial permit has expired and must be reapplied for. Property and included equipment are being sold in their present condition. Photos have been digitally enhanced.
Above the commercial space is a spacious two-level residential unit offering four bedrooms and two full bathrooms. The second floor includes two bedrooms, a full bathroom, kitchen and dining area, while the third floor provides two additional bedrooms, another full bathroom and a sitting room. A full basement offers additional storage and is equipped with Bilco-door emergency access.
Conveniently located near downtown Wilmington, the Riverfront, neighborhood shopping, public transportation and Interstate 95, the property presents an attractive opportunity for an owner-occupant, entrepreneur or investor. Operate a business below while living above or explore the property's commercial and residential income potential. Property use, zoning, licensing, permits and occupancy requirements must be independently verified with the City of Wilmington. Commercial permit has expired and must be reapplied for. Property and included equipment are being sold in their present condition. Photos have been digitally enhanced.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26R-3
Interior
Hot Water Electric
Heating Other
Cooling Window Unit(s)
Heat Source Electric
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Christina
Others
Tax ID 26-034.40-100
Ownership Fee Simple
Special Listing Condition Standard
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