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Request Info$1,450,000
ACTIVE
1719-23 DELAWARE AVENUE Overview
- Time on Site:
- 108 days
- Visits:
- 13
Prime mixed-use assemblage of adjacent properties, located in the highly sought-after Trolley Square/Forty Acres district WITH OFF STREET PARKING! This rare offering includes three buildings, on-site parking, and additional off-site parking nearby—an exceptional advantage in this vibrant urban neighborhood. The newer structure (1719) is a purpose-built office building featuring four levels of well-designed workspace (including a lower level). 1721 and 1732 offer long-standing retail tenancy, salon use, and a residential dwelling unit, creating a diversified and resilient income stream. With stable income in place and a strong tenant mix, this choice property provides an excellent opportunity to diversify across multiple use types while securing a foothold in one of Wilmington's premier submarkets. A must see for investors seeking quality, location, and long-term stability. Income and expenses available upon request. Located in the Forty Acres Neighborhood Conservation District a designation by the City of Wilmington.
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1719-23 DELAWARE AVENUE Facts & Features
- Type Commercial
- Sq. ft. 11,376
- Price/Sq.ft. $127
- Lot 0.16 Acres
Details
General
Income/Expenses
- Gross Scheduled Income: 161500.00
- Net Operating Income: 115997.00
- Operating Expense Includes: Electric,Insurance,Landscaping,Repair/Maintenance,Snow Removal,Water,Other
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1986
Business Information
- Business Type: Professional,Hair Salon and Spa
Location/Region
- Country: US
- County: NEW CASTLE
- County Or Parish: NEW CASTLE
- In City Limits: Yes
- MLS Area Major: Wilmington (30906)
- Subdivision Name: FORTY ACRES
Parking Information
- Total Parking Spaces: 13
- Type of Parking: Parking Lot,On Street,Off Site,Driveway
Rent/Lease Information
- Lease Considered: Yes
Tax Information
- Tax Annual Amount: $25,991.00
- Tax Assessed Value: 897800.00
- Tax Year: 2025
General Information
- Exclusions: Tenants personal property
- Inclusions: Owner owned appliances in apartment.
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
- School District Name: RED CLAY CONSOLIDATED
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: C-1
Unit Information
- Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1
Interior
Building Information
- Cooling Fuel: Electric,Natural Gas
- Heating Fuel: Natural Gas
- Total Drive In Doors: 0
- Total Restrooms: 9
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 11376.00
- Central Air: Yes
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Central A/C
- Electric: Circuit Breakers
Exterior
Building Information
- Total Loading Docks: 0
Parking Information
- Parking Features: Paved Parking, Private
Lot Information
- Lot Dimensions Source: Estimated
- Lot Features: Additional Lot(s)
- Lot Size Acres: 0.16
- Lot Size Dimensions: 65 x 100.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 6969.60
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 0
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
Unit 2 Details
- Unit Type: Unit 1
Unit 3 Details
- Unit Type: Unit 1
Unit 4 Details
- Unit Type: Unit 1
Unit 5 Details
- Unit Type: Unit 1
1719-23 DELAWARE AVENUE Neighborhood
Community
19806 (WILMINGTON) Demographics
42
Median Age
4,774
Population Density (per sq. mile)
74%
College Educated
$70,256
Estimated Median Income
2,655
Estimated Total Home Owners
2,731
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
1719-23 DELAWARE AVENUE Monthly Cost
1719-23 DELAWARE AVENUE Market Data
Based on the last 30 days in this zip code
$434,457
Average List Price
$289
Average Price per Square Foot
15
Properties Sold
78
Average Days on Market
50
Properties for Sale
1719-23 DELAWARE AVENUE History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: BRIGHT MLS | $1,450,000 -3.0% |
|
| 4/20/2026Source: BRIGHT MLS | $1,495,000 -3.5% |
|
| 3/13/2026Source: BRIGHT MLS | March 13, 2026 |
Listing provided courtesy of Pantano Real Estate Inc- MLS# DENC2098726
Contact Information: [email protected] - 3028880300
Contact Information: [email protected] - 3028880300