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North Market Street Redevelopment Opportunity

1701 N MARKET St, Wilmington, DE 19802

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For Sale

$475,000

4,180 SF redevelopment opportunity in Wilmington's urban commercial area.

Type:Commercial

Property size:

4,180 SF

Price / SF:

$113/SF

HighLights

Prime redevelopment opportunity in Wilmington's North Market Street corridor.
4,180 SF property suitable for office, retail, medical, or mixed‑use redevelopment.
Located in an established urban commercial area with ongoing reinvestment.
26C‑1 Zoning allows for many uses.
Strong street frontage and high daily traffic exposure.
Proximity to commercial, residential, and institutional areas in downtown Wilmington.

We can help!

Listing Contact

Lorraine C Sheldon

Learn more

For Sale

$475,000

4,180 SF redevelopment opportunity in Wilmington's urban commercial area.

Type:Commercial

Property size:

4,180 SF

Price / SF:

$113/SF

Added:: Apr 24, 2026
Days on Market:: 55
Last Refresh:: Apr 24 at 4:03 pm

Property Features for 1701 N MARKET St

General Information

Standard status: Active
Size: 4,180 SF
Property subtype: Commercial

Building Details

Year Built: 1954

We can help!

Listing Contact

Lorraine C Sheldon

Listing agent Lorraine C Sheldon

Listing office EMORY HILL REAL ESTATE SERVICES INC.

Listing date Apr 24, 2026

Source Elliman

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 EMORY HILL REAL ESTATE SERVICES INC.

HighLights

Prime redevelopment opportunity in Wilmington's North Market Street corridor.
4,180 SF property suitable for office, retail, medical, or mixed‑use redevelopment.
Located in an established urban commercial area with ongoing reinvestment.
26C‑1 Zoning allows for many uses.
Strong street frontage and high daily traffic exposure.
Proximity to commercial, residential, and institutional areas in downtown Wilmington.

Overview

Located along the highly visible North Market Street corridor, this property offers a 4,180 SF redevelopment or value-add opportunity in Wilmington. The property is situated within an established urban commercial area experiencing continued reinvestment, making it well-positioned for repositioning or adaptive reuse. The existing structure provides a solid footprint suitable for office, retail, professional, medical, or mixed-use redevelopment, allowing investors and developers flexibility to modernize and maximize the site’s potential. The zoning allows for many uses. With strong street frontage and exposure to consistent daily traffic, the property supports future leasing and long-term value creation. Surrounded by a mix of commercial, residential, and institutional uses, and in downtown Wilmington, this asset presents an opportunity to capitalize on an improving corridor and increasing demand for well-located urban space. The bike score is 50, indicating it is bikeable. The walk score is 69, indicating it is somewhat walkable. The transit score is 45, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Mixed-use properties

Map

City: Wilmington
County: New Castle
State: Delaware
Longitude: -75.5441433
Latitude: 39.7513961

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For sale
Mixed-use properties
DE
Wilmington
19802
1701 N MARKET St

What type of property is this?

Mixed-use property - 4,180 SF redevelopment opportunity in Wilmington's urban commercial area.

Where is this mixed-use property located?

The property is located at 1701 N MARKET St Wilmington, DE.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Prime redevelopment opportunity in Wilmington's North Market Street corridor.; 4,180 SF property suitable for office, retail, medical, or mixed‑use redevelopment.; Located in an established urban commercial area with ongoing reinvestment.