Mixed-Use Building with
New
For Sale
$550,000
1725 DELAWARE AVENUE, Wilmington, DE 19806
The ground-floor space supports light commercial use beneath a separate two-bedroom residence.
Property Size1,950 SF
Price / SF$282.05
Days on Market5
Property Features for 1725 DELAWARE AVENUE
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1999
Buildings
1
Listing Agency:
Compass
(302) 202-9855
Listed By:
Andrew White · License #RS-325050
(302) 893-7602
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 3:55PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,950-square-foot mixed-use building pairs a ground-level space for light commercial use with a separate two-bedroom apartment above. Exposed brick and hardwood flooring define the interior finishes. The apartment is arranged across two stories, creating a distinct residential space within the building.
Built in 1999, the property is on Delaware Avenue in Wilmington’s Trolley Square area, near shopping, restaurants, and major highways.
Built in 1999, the property is on Delaware Avenue in Wilmington’s Trolley Square area, near shopping, restaurants, and major highways.
Key Highlights
- 1,950‑square‑foot mixed‑use building
- Ground floor suited to light commercial use
- Separate two‑bedroom apartment spans two stories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,560
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,200
$531.2K
Cap Rate 7%
$379,429
$379.4K
Cap Rate 9%
$295,111
$295.1K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$44.0K $22.56/SF
− Vacancy
−$8.6K −$4.40/SF
EGI
$35.4K $18.16/SF
− OpEx
−$8.9K −$4.54/SF
NOI
$26.6K $13.62/SF
Area
New Castle County, DE
Vacancy
19.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,200
Cap Rate 7%
$379,429
Cap Rate 9%
$295,111
Alternative Uses
Best Use
Office B
$379.4K
$332.0K – $442.7K
NOI $26,560 @ 7.0% cap · market cap 4.83%
Second Best
Mixed Use
$283.9K
$248.4K – $331.2K
NOI $19,872 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$466.4K
$408.1K – $544.2K
NOI $32,650 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 19806, DE
10,083
Population
6,638
Households
1.5
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
1.7 sq mi
ZIP Area
5,931
Density / Sq Mi
$86,240
Median Household Income
$76,246
Median Earnings
$1,329
Median Rent
$370,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The ground-floor space supports light commercial use beneath a separate two-bedroom residence.
Where is this mixed-use property located?
The property is located at 1725 DELAWARE AVENUE Wilmington, DE.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1,950‑square‑foot mixed‑use building; Ground floor suited to light commercial use; Separate two‑bedroom apartment spans two stories
