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Tamika R. Johnson

tamika@tamikajohnson-realtor.com +1(240) 602-4348

Listed by Michael Mulski • Crown Homes Real Estate

$ 495,000

Est. payment -/mo

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Active

2300 N MARKET ST Wilmington, DE 19802

2 Beds

1 Bath

2,187 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,187 sqft

Price per Sqft $226

Subdivision None Available

MLS Listing ID DENC2095798

Style Other

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 500

Year Built 1973

Annual Tax Amount $5,534

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 18.50 x 126.20

Source BRIGHT

Property Description

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 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.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3 & 26C-1

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Above Ground Finished SqFt 500

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Brandywine

Others

Senior Community No

Tax ID 26-022.30-339

Ownership Fee Simple

SqFt Source 2187

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES

Elementary Schools 20

9

Odyssey Charter School

Public | KG - 6
6

Lombardy Elementary School

Public | KG - 5
5

Kuumba Academy Charter School

Public | KG - 6
5

Carrcroft Elementary School

Public | KG - 5
4

William C. Lewis Dual Language Elementary School

Public | KG - 5
4

Mount Pleasant Elementary School

Public | KG - 5
2

First State School

Public | KG - 12
2

Edison (Thomas A.) Charter School

Public | KG - 8
2

Harlan (David W. ) Elementary School

Public | KG - 5
2

East Side Charter School

Public | KG - 8
1

Pulaski (Casimir) Elementary School

Public | PK - 5
1

Highlands Elementary School

Public | KG - 5
1

Warner Elementary School

Public | KG - 5
0

Douglass School

Public | KG - 12
0

Harvest Christian Academy - Wilmington

Private | PK - 7
0

Tower Hill School

Private | PK - 12
0

Zion Early Education Center

Private | PK - KG
0

St Elizabeth Elementary School

Private | PK - 8
0

Nativity Preparatory School of Wilmington

Private | 5 - 8
0

St Anthony of Padua Grade School

Private | PK - 8

Middle Schools 4

5

Howard High School of Technology

Public | 8 - 12
5

Dupont (Pierre S.) Middle School

Public | 6 - 8
0

Bayard Middle School

Public | 6 - 8
0

Moyer (Maurice J.) Academy

Public | 6 - 12

High Schools 4

7

Mount Pleasant High School

Public | 9 - 12
0

St Elizabeth High School

Private | 9 - 12
0

Padua Academy

Private | 9 - 12
0

Salesianum School

Private | 9 - 12

School and business data provided by Attom Data.

Tamika R. Johnson

Broker Associate | License ID: 607079

+1(240) 602-4348

Tamika R. Johnson

2300 N MARKET ST Wilmington, DE 19802

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2300 N MARKET ST