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    300 Martin Luther King Blvd Wilmington, DE 19801

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    For Lease
    $11 SF/Yr ($3,850 /Mo)

    Converted 1880s building with contemporary office suites for lease.

    Property size:
    4,200 SF
    Lot size:
    0.49 Acres

    Property Features for 300 Martin Luther King Blvd

    General Information

    Size
    4,200 SF
    Lot size
    0.49 Acres

    Source: LMT Commercial Realty / CORFAC International Agent Chris Moore

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

    Overview

    Unique Waterfront District Office Suites

    This converted building, originally constructed in the 1880s, features two office suites available for lease. The property retains exposed brick with post and beam construction, creating a unique work environment with a contemporary feel. Design elements include exposed ducts, an open floor plan, and separate offices. Original building furnishings have been restored and incorporated into the interior design. Located in Wilmington's Waterfront District, the property is within walking distance of riverfront attractions, restaurants, and the train and bus station. The available office suites offer a turn-key, move-in ready space. The property has a total size of 4,200 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.555476
    Latitude
    39.7389046

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    FAQs

    What type of property is this?
    Office space - Converted 1880s building with contemporary office suites for lease.
    Where is this office space located?
    The property is located at 300 Martin Luther King Blvd Wilmington, DE.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Wilmington's Waterfront District, walking distance to attractions, restaurants, and transportation.; - Unique office suites in a beautifully converted 1880s building with exposed brick and post and beam construction.; - Contemporary feel with open floor plan, separate offices, and exposed ducts.
    (302) 383-1911
    Request Owner's contact information
    300 Martin Luther King Blvd Wilmington, DE 19801
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    Wilmington, DE 19801
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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
    300 Martin Luther King Blvd Wilmington, DE 19801
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