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    8 Commonwealth Ave Claymont, DE 19703

    New
    For Sale
    $1,999,999

    MULTI_FAMILY - Contemporary - CLAYMONT, DE

    Property size:
    11,500 SF
    Lot size:
    0.28 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 8 Commonwealth Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Size
    11,500 SF
    Lot size
    0.28 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1917
    Number of units
    4
    Building materials
    Stone, Mixed
    Architectural style
    Contemporary

    Real Broker LLC (855) 450-0442 [email protected]

    Listing agent Matthew Lenza (302) 285-9777 License #RS-0022348

    Listing date Nov 29, 2025

    MLS# DENC2086848 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Claymont, DE

    This mixed-use building, featuring both commercial and residential units, is located at the entrance to Overlook Colony in Claymont, DE. The building, constructed in 1917 by General Chemical Company, has a rich history, initially serving as the community center for Overlook Colony. It later became known as Redman's Hall, hosting meetings for a fraternal group, activities for the Holy Rosary Church, and stores such as Shinn's and Steins. Organizational meetings of the Claymont Fire Company were also held in the building. Until 1924, the building provided rooms for the educational needs of the children in the Colony. The property has been modernized while retaining its historical character. The current owner has increased rents and made numerous improvements. All tenant payments are being converted to online payments. The building offers a potential of 10 to 12 units, depending on the layout. The property sits on a lot of approximately 0.28 acres and the building size is approximately 11,500 square feet. A basement unit is also coming up for rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Claymont Nutrition Sports Nutrition Store Gentle Hands Bodyworks Massage Therapist Creative Communications Public Relations Firm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Claymont
    County
    New Castle
    State
    Delaware
    Longitude
    -75.46301
    Latitude
    39.79936

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial and residential units in Claymont, DE.
    Where is this mixed-use property located?
    The property is located at 8 Commonwealth Ave Claymont, DE.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - High Cash Flow Opportunity: Current owner has increased rents and made numerous improvements, providing immediate cash flow.; - Multiple Units: The property contains 10-12 units (residential and commercial), offering diverse income streams.; - Simplified Management: All tenant payments are being converted to online payments for easy management.
    (302) 285-9777
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    8 Commonwealth Ave Claymont, DE 19703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8 Commonwealth Ave Claymont, DE 19703
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