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Mixed-Use Value-Add Property
For Sale
Contact for pricing
Pending

827 Jefferson St, Wilmington, DE 19801

Mixed-use building with five residential units, plus a ground-floor commercial space and a roughly 20-spot parking lot.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market145

Property Features for 827 Jefferson St

General Information

Standard status Pending
Total Parking Spaces 20
Lot size 0.23 Acres
Property subtype Multifamily
Occupancy 20%
Listing Agency: Bennett Williams Commercial
Listed By: Brady Carroll · License #PA RS318466
Source: Crexi
Added: Apr 11 Changed: Aug 17 Last Checked: Aug 29 at 10:35PM

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 Bennett Williams Commercial

Investment Insights

Based on property information with market context.

This mixed-use, value-add property includes five units, with only one currently occupied at $700 per month. The ground floor offers 2,500 square feet of commercial space that was previously operated as a dental office and is divided into smaller rooms, including a reception area.

A large parking lot with approximately 20 spaces supports tenant and customer parking. The property sits on a lot of about 10,000 square feet.

An investor could lease the existing office space, convert it into additional residential units, or pursue further development by constructing new residential and/or commercial space on the lot.

Key Highlights

  • Value‑add mixed‑use property in Wilmington, DE with 5 residential units and a ground‑floor commercial space
  • Ground floor includes 2,500 SF commercial space previously used as a dental office with a reception area and smaller rooms
  • Parking lot has approximately 20 spaces for tenants and customers

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Catering Service Carpet & Flooring Store Florist

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

20%
Occupancy

Location Intelligence

Trade Area within ½ mile

6,807
Businesses Nearby

Demographics for 19801, DE

16,219
Population
9,390
Households
1.7
Avg Household Size
34
Median Age
26%
College-Educated
85%
High-School Grad
4.4 sq mi
ZIP Area
3,686
Density / Sq Mi
$44,505
Median Household Income
$36,684
Median Earnings
$1,126
Median Rent
$196,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use building with five residential units, plus a ground-floor commercial space and a roughly 20-spot parking lot.
Where is this apartment building located?
The property is located at 827 Jefferson St Wilmington, DE.
What are key features of this property?
This property features: Value‑add mixed‑use property in Wilmington, DE with 5 residential units and a ground‑floor commercial space; Ground floor includes 2,500 SF commercial space previously used as a dental office with a reception area and smaller rooms; Parking lot has approximately 20 spaces for tenants and customers
(610) 291-9895 Call to check price and availability
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