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Mixed-Use Property with Garage
For Sale
$199,000
Pending

1401 West 4th Street, Wilmington, DE 19805

Commercially zoned property combining one commercial unit with three residential apartments and a detached garage.

Property SizeContact for details
Days on Market204

Property Features for 1401 West 4th Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi-Family / Fee Simple
Zoning 26R-3

Taxes and HOA fees

Annual Taxes $3,967

Amenities

No
No Pool
Above Grade, Below Grade

Building Details

Year Built 1946
Listing Agency: RE/MAX Central-Bear
Listed By: Kimberly Davis · License #RB0003213
Source: Compass
Added: Feb 8 Changed: Aug 30 Last Checked: Aug 30 at 12:46PM

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 RE/MAX Central-Bear

Investment Insights

Based on property information with market context.

This mixed-use property contains one commercial unit, three residential apartments, and a detached two-car garage. Built in 1946, the structure requires significant repairs or full rehabilitation following fire damage. The property is being sold as-is, and no entry is offered for prospective buyers.

Zoned 26R-3 and located within Wilmington city limits in New Castle County, the site may support rehabilitation of the existing building or redevelopment into a new multi-unit structure or townhomes, subject to zoning, permits, and municipal approvals. Buyer is responsible for evaluating the property's condition, allowable uses, and redevelopment options through independent due diligence.

Key Highlights

  • One commercial unit and three residential apartments
  • Detached two‑car garage
  • 26R‑3 commercial zoning

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Locksmith Veterinary Clinic Storage Facility (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

1,935
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned property combining one commercial unit with three residential apartments and a detached garage.
Where is this mixed-use property located?
The property is located at 1401 West 4th Street Wilmington, DE.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: One commercial unit and three residential apartments; Detached two‑car garage; 26R‑3 commercial zoning
More about this property
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