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.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$450,000
Days On Site
263 Days
Bedrooms
2
Inside Area (SqFt)
2,187 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1973
MLS® Number
DENC2095798
Status
Active
Property Tax
$5,534
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.