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2300 N Market St, Wilmington, DE, 19802

2beds
1baths
2,187sqft
$465,000
$213price/sqft
$3,062/moest. monthly cost
$122,480/yrincome needed

About This Home

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 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.

Getting Around

81
WalkingVery Walkable
51
TransitGood Transit
53
BikeBikeable

Schools

8/10
4/10
Springer Middle SchoolGrades 6-83.5 mi
9/10
Brandywine High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Basement

  • Area: 1687

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 1,687
  • Finished area above ground: 500

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,187
  • Total interior livable area: 2,187 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 26022.30339
  • Zoning: 26R-3 & 26C-1
  • Zoning description: Zoned 26R-3 / 26C-1 per New Castle County, allowing mixed-use with street-level commercial and residential above.
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 18.50 x 126.20

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes