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Mixed-Use Property with Commercial Space
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16 Commonwealth Ave, Claymont, DE 19703

Nine-unit property combining apartments with separately metered commercial space and flexible lower-level layouts.

Property SizeContact for details
Days on Market143

Property Features for 16 Commonwealth Ave

General Information

Standard status Active
Property subtype Multifamily, Office, Mixed Use

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 5
Listing Agency: NAI Emory Hill Real Estate Services, Inc.
Listed By: Lorraine Sheldon · License #0022817
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 1:03AM

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 Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property contains nine total units, including five apartments and four commercial units. The commercial portion includes one available 2,781-square-foot space, with a lower-level layout that can accommodate office, retail, storage, or classroom uses. Each unit is separately metered.

Located at 16 Commonwealth Ave in Claymont, Delaware, the property sits just off Philadelphia Pike with access to I-95 and I-495. Philadelphia International Airport is approximately 20 minutes away. The combination of residential and commercial components creates a clearly defined mixed-use configuration within one property.

Key Highlights

  • Nine total units: 5 apartments and 4 commercial units
  • One remaining 2,781 sf commercial unit
  • All units are separately metered

Property Analytics

Current Use

The Loft Barber Lounge Barber Shop

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Bakery Cafe & Coffee Shop 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

5
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

687
Businesses Nearby

Demographics for 19703, DE

16,175
Population
7,114
Households
2.3
Avg Household Size
37
Median Age
35%
College-Educated
94%
High-School Grad
4.0 sq mi
ZIP Area
4,044
Density / Sq Mi
$76,328
Median Household Income
$47,688
Median Earnings
$1,305
Median Rent
$266,500
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?
Mixed-use property - Nine-unit property combining apartments with separately metered commercial space and flexible lower-level layouts.
Where is this mixed-use property located?
The property is located at 16 Commonwealth Ave Claymont, DE.
What are key features of this property?
This property features: Nine total units: 5 apartments and 4 commercial units; One remaining 2,781 sf commercial unit; All units are separately metered
More about this property
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