Three-Story Mixed-Use Restaurant
For Sale
Contact for pricing
1828 W 11th St, Wilmington, DE 19805
Three-story mixed-use property with a first-floor restaurant and two upper residential levels, fully occupied under a single-tenant lease.
Property Size2,976 SF
Price / SF$134.07
Days on Market25
Property Features for 1828 W 11th St
General Information
Standard status
Active
Size
2,976 SF
Property subtype
RETAIL
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
1
Building Details
Stories
3
Tenancy
Single
Listing Agency:
LMT Commercial Realty / CORFAC International
(302) 530-1233
Listed By:
Joe Latina
(302) 530-1233
Source:
Moodyscre
Added: Jul 7
Changed: Jul 24
Last Checked: Jul 24 at 6:40AM
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 LMT Commercial Realty / CORFAC International
Investment Insights
Based on property information with market context.
This three-story mixed-use property offers approximately 2,976 square feet and includes a restaurant on the first floor, a second-floor living area, a third-floor apartment, and a basement. The building is fully occupied and positioned for income with an established restaurant tenant currently leasing the entire property.
The asset is located on W 11th Street in Wilmington, Delaware, in a densely populated area. The public remarks cite convenient access to Downtown Wilmington, Interstate 95, and major commuter routes.
As configured, the property supports a single-tenant investment structure with the restaurant use on the ground level and additional living space above.
The asset is located on W 11th Street in Wilmington, Delaware, in a densely populated area. The public remarks cite convenient access to Downtown Wilmington, Interstate 95, and major commuter routes.
As configured, the property supports a single-tenant investment structure with the restaurant use on the ground level and additional living space above.
Key Highlights
- 2,976 +/- SF, three‑story mixed‑use property in Wilmington, DE on 11th Street
- Fully occupied, income‑producing asset with an established restaurant tenant
- Single‑tenant investment: current tenant leases the entire building
Property Analytics
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,844
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Dining 34%
Groceries 23%
ACME Markets
Groceries
21,617 visits/mo
0.3 miles
Shell
Shops & Services
10,378 visits/mo
0.3 miles
Dollar Tree
Shops & Services
10,064 visits/mo
0.3 miles
Dunkin' Donuts
Dining
9,628 visits/mo
0.2 miles
Grotto Pizza
Dining
9,008 visits/mo
0.2 miles
Demographics for 19805, DE
39,985
Population
17,281
Households
2.3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
7,270
Density / Sq Mi
$56,708
Median Household Income
$38,043
Median Earnings
$1,203
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three-story mixed-use property with a first-floor restaurant and two upper residential levels, fully occupied under a single-tenant lease.
Where is this conventional restaurant located?
The property is located at 1828 W 11th St Wilmington, DE.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,976 +/- SF, three‑story mixed‑use property in Wilmington, DE on 11th Street; Fully occupied, income‑producing asset with an established restaurant tenant; Single‑tenant investment: current tenant leases the entire building
