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Historic Greek Revival Estate with Annex
For Sale
$1,249,000

110 N Main St, Camden, DE 19934

Circa-1840 Greek Revival estate restored with geothermal HVAC and multiple suites, plus a detached annex adaptable for office or guests.

Property Size6,552 SF
Price / SF$190.63
Days on Market158

Property Features for 110 N Main St

General Information

Standard status Active
Size 6,552 SF

Building Details

Year Built 1840
Listing Agency: HomeZu by Simple Choice
Listed By: Christopher J Carr · License #PB00096279
Source: Tbhteam
Added: May 17 Changed: Oct 14 Last Checked: Oct 20 at 10:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeZu by Simple Choice

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Investment Insights

Based on property information with market context.

Circa-1840 Greek Revival estate, restored and maintained to preserve historic character while supporting modern functionality. Improvements noted in 2006 include structural updates, exterior restoration, geothermal HVAC installation, electrical and plumbing upgrades, and reconfiguration of interior spaces, while retaining original millwork and detailing. The home features classic Greek Revival proportions, a grand central staircase, generous ceiling heights, and a wraparound porch. It is currently configured with multiple suites and occupants, generating approximately $7,500–$9,000 per month in gross rental income, with primarily year-to-year arrangements. The property is sold as-is.

Located in Camden, Kent County on the National Historic Register Block on Main St, the estate is described as within comfortable reach of Delaware’s coastal destinations. An updated apartment area is described as adaptable for residential use, and a detached annex is suitable for office, studio, guest accommodations, or other permitted uses, subject to applicable zoning and approvals.

Architectural and historic recognition referenced in the remarks include listing on the National Register of Historic Places (1974), HABS documentation, and historic preservation/media features including CNBC.

Key Highlights

  • Circa‑1840 Greek Revival estate on approx. 2.3 landscaped acres in Camden, Kent County
  • Restored and maintained; major improvements in 2006 included geothermal HVAC, structural updates, and electrical/plumbing upgrades
  • Currently configured with multiple suites and occupants, generating approx. $7,500–$9,000/month in gross rental income (year‑to‑year arrangements)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,002
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,780,040 $1.8M
Cap Rate 7%
$1,271,457 $1.3M
Cap Rate 9%
$988,911 $988.9K
Market Conditions
NOI Build-Up for 6,552 SF
Gross rent
$152.5K $23.28/SF
− Vacancy
−$33.9K −$5.17/SF
EGI
$118.7K $18.11/SF
− OpEx
−$29.7K −$4.53/SF
NOI
$89.0K $13.58/SF
Area
Kent County, DE
Vacancy
22.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,780,040
Cap Rate 7%
$1,271,457
Cap Rate 9%
$988,911

Alternative Uses

Best Use
Office B
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $89,002 @ 7.0% cap · market cap 7.13%
Second Best
Mixed Use
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,531 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M (±1% cap)
NOI $115,488 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby

Demographics for 19934, DE

14,243
Population
5,318
Households
2.7
Avg Household Size
41
Median Age
35%
College-Educated
92%
High-School Grad
46.6 sq mi
ZIP Area
306
Density / Sq Mi
$79,100
Median Household Income
$40,474
Median Earnings
$1,510
Median Rent
$311,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Residential income property - Circa-1840 Greek Revival estate restored with geothermal HVAC and multiple suites, plus a detached annex adaptable for office or guests.
Where is this residential income property located?
The property is located at 110 N Main St Camden, DE.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Circa‑1840 Greek Revival estate on approx. 2.3 landscaped acres in Camden, Kent County; Restored and maintained; major improvements in 2006 included geothermal HVAC, structural updates, and electrical/plumbing upgrades; Currently configured with multiple suites and occupants, generating approx. $7,500–$9,000/month in gross rental income (year‑to‑year arrangements)
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