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    601 Hawley St Wilmington, DE 19805

    Sponsored
    For Sale
    $900,000

    Three-building package, prime location.

    Property size:
    1,725 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity encompasses three contiguous properties totaling nearly one-third of an acre at 601, 603, and 605 Hawley Street in Wilmington, Delaware. Offered as a single package for $900,000, this mixed-use property presents significant potential. The properties are zoned commercial. 601 Hawley Street features a 1,725 square foot, three-bedroom, one-bathroom townhouse situated on a 17.80' x 125' lot. 603 Hawley Street includes a three-bedroom, one-and-a-half-bathroom townhouse on a 20.30' x 125' lot. Finally, 605 Hawley Street is a vacant lot measuring 17.80' x 250' deep, boasting approximately 55 feet of frontage on Webb Street. The combined lot size offers substantial development potential. This is a unique opportunity to acquire a portfolio of properties in a desirable location, ideal for investors seeking a multi-faceted commercial venture. The seller prefers to sell all three properties together as a package. Further details are available upon request.

    Property Features for 601 Hawley St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,725 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1915
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.57748
    Latitude
    39.75343

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    FAQs

    What type of property is this?
    Mixed-use property - Three-building package, prime location.
    Where is this mixed-use property located?
    The property is located at 601 Hawley St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $900,000.
    (302) 351-5000
    Request Owner's contact information
    601 Hawley St Wilmington, DE 19805
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    Wilmington, DE 19805
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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
    601 Hawley St Wilmington, DE 19805
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