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    204 N Maryland Ave Wilmington, DE 19804

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    For Sale
    $725,000

    Mixed-use property with retail and residential units on Maryland Avenue.

    Property size:
    5,237 SF
    Lot size:
    0.19 Acres

    Property Features for 204 N Maryland Ave

    General Information

    Size
    5,237 SF
    Lot size
    0.19 Acres

    Source: LMT Commercial Realty / CORFAC International Agent Joe Latina

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

    Overview

    Mixed-Use Investment Property For Sale

    This mixed-use investment property is located on North Maryland Avenue. The property includes four retail units on the ground floor and three residential apartments. The building has a total size of 5,237 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    DMD Business Forms ... Print Shop Mirospizza Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.5842716
    Latitude
    39.7295452

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units on Maryland Avenue.
    Where is this mixed-use property located?
    The property is located at 204 N Maryland Ave Wilmington, DE.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Multi-use property offering diverse income potential.; - Investment property featuring a mix of commercial and residential income streams.; - Four retail units on the ground floor provide steady commercial income.
    (302) 530-1233
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    204 N Maryland Ave 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
    204 N Maryland Ave Wilmington, DE 19804
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