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    716 N Market St Wilmington, DE 19804

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    For Sale
    Contact for pricing

    Mixed-use building with retail and potential apartment/office conversion.

    Property size:
    6,420 SF
    Lot size:
    0.05 Acres

    Property Features for 716 N Market St

    General Information

    Size
    6,420 SF
    Lot size
    0.05 Acres

    Source: DSM Commercial Agent Dann Gladnick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building For Sale

    This mixed-use building is currently configured as a clothing retailer. The first and second floors are dedicated to retail space. The third floor is undergoing renovation, presenting a potential opportunity for conversion into an apartment or office space. The property has a total size of 6420 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store 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
    -75.5492493
    Latitude
    39.7429838

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    FAQs

    What type of property is this?
    Retail space - Mixed-use building with retail and potential apartment/office conversion.
    Where is this retail space located?
    The property is located at 716 N Market St Wilmington, DE.
    What are key features of this property?
    This property features: - Mixed-use building offering diverse possibilities.; - Retail space on the 1st and 2nd floors, ideal for various businesses.; - 3rd Floor Renovation: Explore the potential for apartment or office conversion.
    (302) 540-8969
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    716 N Market St Wilmington, DE 19804
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    Wilmington, DE 19804
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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
    716 N Market St Wilmington, DE 19804
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