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Renovated Two-Story Office Building
New
For Sale
$990,000

1501 N WALNUT Street, Wilmington, DE 19801

Commercial Sale, WILMINGTON, DE

Property SizeContact for details
Lot Size0.19 Acres
Days on Market2

Property Features for 1501 N WALNUT Street

General Information

Property type Other
Property subtype Office
Parking 14
Parking features Parking Lot, On Street, Fenced
Subdivision WILM #09
Elementary school district CHRISTINA
Middle school district CHRISTINA
High school district CHRISTINA
Standard status Active
Lot size 0.19 Acres

Taxes and HOA fees

Tax Annual Amount 5917

Utilities

Heating system Central

Building Details

Year built 1918
Building materials Block, Brick, Mixed Plumbing, Stone
Listing Agency: Keller Williams Realty Wilmington
Listed By: Shontay Sherie Weeks · License #RS0037336
Added: Sep 9 Last Checked: Sep 10 at 8:06AM
MLS# DENC2110844

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Renovated two-story office property at 1501 N. Walnut Street, constructed with masonry and brick. The building is arranged as four office suites, including a substantial first-floor suite with multiple work areas and rear space for files, equipment, storage, or other operational needs. The upper level contains two suites and may support an additional suite configuration, while further layout adjustments may be possible on the main level. Separate men's and women's restrooms are provided on each floor.

The property includes a fenced parking lot along with on-street parking. Built in 1918 and situated on 0.19 acres, it is located five blocks from Rodney Square and convenient to the Brandywine River, Downtown Wilmington's business district, government offices, dining, transportation, and major roadways. Central heating serves the building.

Key Highlights

  • Four office suites within a renovated two‑story building
  • 0.19‑acre property at 1501 N. Walnut Street, Wilmington, DE 19801
  • Five blocks from Rodney Square and convenient to the Brandywine River

Property Analytics

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Current Use

Choice Media Recording Studio

Suggested Use

Top Pick Bakery Carpet & Flooring Store Locksmith Florist (Bike/Boat/Book/etc) Store Veterinary Clinic

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

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,432
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office building - Four-suite configuration with rear parking and separate men's and women's restrooms on each floor.
Where is this office building located?
The property is located at 1501 N WALNUT Street 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: Four office suites within a renovated two‑story building; 0.19‑acre property at 1501 N. Walnut Street, Wilmington, DE 19801; Five blocks from Rodney Square and convenient to the Brandywine River
More about this property
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