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    1717 4Th St Wilmington, DE 19805

    For Sale
    $275,000

    Prime location, high-traffic area, income potential.

    Property size:
    1,850 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property, located at 1717 W 4th Street in Wilmington, Delaware, presents a compelling investment or owner-occupant opportunity. The 1,850 square foot building sits on a 0.05-acre lot in the vibrant Hilltop community, a heavily trafficked commercial corridor with numerous thriving businesses. The brick structure features a main floor commercial space and a second-floor residential unit. The main floor, previously used as a place of worship, boasts tile flooring, a large window overlooking the street, a full bathroom, and office space, plus side and rear access. A clean basement offers ample storage and houses the building's mechanical systems, including separate electric hot water and meters, and a new gas-fired boiler. The second-floor residential unit includes a rear bedroom with private deck access overlooking a multi-tiered backyard, a full hallway bathroom, an eat-in kitchen, and a front living room. This space offers potential for reconfiguration into a two-bedroom unit, increasing rental income. The 26C-2 zoning allows for diverse uses. Priced at $275,000, this property offers strong cash flow potential for investors or the chance to combine business and residential living for owner-occupants. The property's prime location and versatile layout make it an attractive proposition in a thriving Wilmington neighborhood.

    Property Features for 1717 4Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,850 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -75.57012
    Latitude
    39.74833

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high-traffic area, income potential.
    Where is this mixed-use property located?
    The property is located at 1717 4Th St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $275,000.
    (302) 888-0300
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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
    1717 4Th St Wilmington, DE 19805
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