1220 Washington StWilmington, DE 19801

For Sale
$275,000

2,400 SF Office/Retail, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 2,400 square foot storefront property, located at 1220 Washington Street in Wilmington, Delaware, presents a lucrative investment opportunity. Situated on a 0.05-acre lot (APN 2602820083), this building is zoned 26C-2 and offers a blend of office and retail space, ideal for a variety of uses. The main level provides street-level retail frontage with ample parking available in a side lot. Upstairs, a full bathroom and kitchen are included, presenting the potential for conversion into a mixed-use building. The property benefits from a high-traffic location, boasting 20,920 vehicles per day (VPD) passing by. Its strategic position across from ChristianaCare's Wilmington Hospital and near the Wilmington Central Business District (CBD), the Riverfront, and I-95 ensures excellent visibility and accessibility. Furthermore, this property is located within a Delaware Opportunity Zone, offering potential tax advantages. The asking price for this income-producing property is $275,000. Don't miss this chance to acquire a prime commercial property in a thriving Delaware location.

Highlights

  • 2,400 SF of available retail space (excluding basement).
  • Income-generating property.
  • Upstairs space features a full bath and kitchen, suitable for mixed-use conversion.
  • High-traffic street retail location with on-site parking.
  • 20,920 vehicles per day (VPD).

Property Details for 1220 Washington St

Property type
Other retail properties, Individual retail properties
Square Feet
2,400 SF
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.7494786
Longitude
-75.5499367
1220 Washington St, Wilmington, Delaware

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1220 Washington St
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