Renovated Two-Story Office
For Sale
$990,000
1501 N WALNUT St, Wilmington, DE 19801
Four-suite configuration provides adaptable space for owner occupancy, multiple departments, or separate office users.
Property SizeContact for details
Days on Market13
Property Features for 1501 N WALNUT St
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Public Transit
Yes
Office Units
4
Taxes and HOA fees
Annual Taxes
$5,917
Building Details
Year Built
1918
Buildings
1
Stories
2
Construction
masonry and brick
Listing Agency:
KW Commercial
Listed By:
Brenda Romeus · License #RF352345
(302) 588-9857
Source:
Elliman
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 22 at 4:24PM
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 KW Commercial
Investment Insights
Based on property information with market context.
Renovated in a two-story masonry-and-brick building constructed in 1918, this office property is arranged as four suites. The first floor includes a large suite with multiple work areas and rear space for files, equipment, or storage. Two additional suites are located upstairs, with layout flexibility for another suite configuration. Each level has separate men’s and women’s restrooms, and the property includes rear parking. Conference room space and further adjustments to the main-level layout are also possible based on the existing configuration.
The property is located at 1501 N. Walnut Street in Wilmington, five blocks from Rodney Square and near the Brandywine River. Downtown Wilmington, government offices, dining, transportation, and major roadways are identified as nearby area amenities. WalkScore is 83, BikeScore is 43, and TransitScore is 56.
The property is located at 1501 N. Walnut Street in Wilmington, five blocks from Rodney Square and near the Brandywine River. Downtown Wilmington, government offices, dining, transportation, and major roadways are identified as nearby area amenities. WalkScore is 83, BikeScore is 43, and TransitScore is 56.
Key Highlights
- Renovated two‑story office building constructed in 1918
- Currently configured with four office suites
- Masonry‑and‑brick construction with rear parking
Property Analytics
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
6,432
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Four-suite configuration provides adaptable space for owner occupancy, multiple departments, or separate office users.
Where is this office building located?
The property is located at 1501 N WALNUT St Wilmington, DE.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Renovated two‑story office building constructed in 1918; Currently configured with four office suites; Masonry‑and‑brick construction with rear parking
