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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1943
Sq.Footage
1,416
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Electric, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Other
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,307
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$285,000
-
Tax Amount
$5,498
-
Zoning
ONE FAMILY ROW HOUSES
-
Sq. Footage
1,416
-
Price/SqFt
$201
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
NEW CASTLE
Elementary School
Middle School
High School
Listing Courtesy of Saeed Shakhshir, Patterson-Schwartz-Hockessin
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Salesperson, Realtor
Tracey Sullivan
Call Tracey today to schedule a private showing.
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