1206 N Market St Wilmington, DE 19801

Listing Agency LMT Commercial Realty / CORFAC International m***@lmtcre.com Show Phone

Listed by Chris Moore Show Phone

Source Moodyscre

Added: Jul 7 Checked: Jul 17 at 2:25 am

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Investment Insights

Based on property information with market context.

This +/-0.60-acre parking lot is located in Downtown Wilmington along 12th Street between King Street and Market Street, offering a dedicated off-street parking configuration. The property is positioned for operators looking for downtown parking supply and also for future development under its current zoning.

Zoned 26C-4 Commercial, the site allows a wide range of downtown uses, including retail, restaurant, office, hospitality, entertainment, and mixed-use development with residential above commercial. The property is described as being within walking distance of major office buildings, government offices, restaurants, and residential developments, and it provides convenient access to I-95 for regional commuters and visitors.

For sale as a parking-lot asset in a high-demand downtown corridor, this site may also be suitable for those evaluating redevelopment plans consistent with the 26C-4 zoning framework.

Key Highlights

• +/-0.60‑acre parking lot in Downtown Wilmington on 12th Street between King St and Market St
• Zoned 26C‑4 Commercial, supporting a range of downtown uses including retail, restaurant, office, hospitality, entertainment, and mixed‑use with residential above commercial
• Located within walking distance of major office buildings, government offices, restaurants, and residential developments

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FAQs

What type of property is this?

Parking lot & garage - A +/-0.60-acre downtown parking lot with zoning 26C-4 supporting a range of commercial and mixed-use development.

Where is this parking lot & garage located?

The property is located at 1206 N Market St Wilmington, DE.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: +/-0.60‑acre parking lot in Downtown Wilmington on 12th Street between King St and Market St; Zoned 26C‑4 Commercial, supporting a range of downtown uses including retail, restaurant, office, hospitality, entertainment, and mixed‑use with residential above commercial; Located within walking distance of major office buildings, government offices, restaurants, and residential developments