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Restaurant Space with Parking
For Lease
$16 SF/Yr

104 North Union Street, Wilmington, DE 19805

Previously operated as a restaurant for 30+ years with mixed rear and street parking and traffic counts around 21,000 vehicles daily.

Days on Market32

Property Features for 104 North Union Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: NAI Emory Hill
Listed By: Kyle McLaughlin
Source: Naiglobal
Added: Jun 29 Changed: Jul 10 Last Checked: Jul 30 at 4:54AM

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 NAI Emory Hill

Investment Insights

Based on property information with market context.

This former restaurant space was occupied for 30+ years, offering a layout that has supported full-service food and beverage operations over time. Parking is available as a mix of rear-of-building spaces and street parking to support customer access.

The property is located at 104 North Union Street in Wilmington, Delaware. Public remarks indicate traffic counts of approximately 21,000 ± vehicles per day, providing consistent visibility for a neighborhood-serving restaurant concept.

For tenants seeking a ready-to-operate restaurant location, the existing history of use as a restaurant can help streamline planning and buildout decisions. The combination of on-site rear parking and street parking also supports practical day-to-day customer access for lunch and evening operations.

Key Highlights

  • Previously operated as a restaurant for 30+ years
  • Mixed parking available in the rear of the building and on the street
  • Traffic counts around 21,000 ± vehicles per day

Property Analytics

Current Use

KIA AirCare Corporate Office Bangkok House Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Travel Agency Storage Facility

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

Lease Details

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,720
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 43% Dining 34% Groceries 23%
ACME Markets Groceries
21,617 visits/mo 0.3 miles
Shell Shops & Services
10,378 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,064 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,628 visits/mo 0.1 miles
Grotto Pizza Dining
9,008 visits/mo 0.2 miles

Demographics for 19805, DE

39,985
Population
17,281
Households
2.3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
7,270
Density / Sq Mi
$56,708
Median Household Income
$38,043
Median Earnings
$1,203
Median Rent
$220,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Previously operated as a restaurant for 30+ years with mixed rear and street parking and traffic counts around 21,000 vehicles daily.
Where is this conventional restaurant located?
The property is located at 104 North Union Street Wilmington, DE.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Previously operated as a restaurant for 30+ years; Mixed parking available in the rear of the building and on the street; Traffic counts around 21,000 ± vehicles per day
More about this property
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