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Retail Space with Storage
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306 N Shipley St, Wilmington, DE 19801

Flexible commercial space with private restrooms, dedicated climate control, and an additional storage area.

Property Size6,960 SF
Price / SF$1.30
Days on Market5

Property Features for 306 N Shipley St

General Information

Standard status Active
Size 6,960 SF
Property subtype Retail
Lease Term MG

Additional Details

Highway Access Yes

Amenities

Individual heat and air conditioning
Two in-suite bathrooms
Extra 120 +/- SF of storage space

Building Details

Building Size 6,960 SF
Year Built 1914

Properties For Sale

at 306 N Shipley St Contact us

306 N Shipley Street

Size
1,000 SF
Term
Negotiable
Contact us
Listing Agency: LMT Commercial Realty / CORFAC International
Listed By: Chris Moore, CCIM
Source: Lmtcre
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 21 at 4:55AM

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 1,000 +/- SF retail space includes an additional 120 +/- SF of storage, individual heating and air conditioning, and two in-suite bathrooms. Its adaptable interior can accommodate professional office, boutique retail, creative studio, or spa and wellness uses. The property was built in 1914.

Located in Wilmington’s Lower Market Street District, the space sits beside DelTech Wilmington Campus and near restaurants, shops, employers, and downtown amenities. The area provides access to public transit and major highways, with Amtrak and SEPTA within walking distance.

Key Highlights

  • 1,000 +/- SF retail space with 120 +/- SF of additional storage
  • Individual heat and air conditioning
  • Two in‑suite bathrooms

Property Analytics

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Current Use

Riteway Appliances Home Appliance Store David Bolt Heavy ... Auto Repair Shop

Suggested Use

Top Pick Storage Facility Locksmith Bakery Veterinary Clinic Carpet & Flooring Store Pet Grooming Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,840
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?
Retail space - Flexible commercial space with private restrooms, dedicated climate control, and an additional storage area.
Where is this retail space located?
The property is located at 306 N Shipley St Wilmington, DE.
What are key features of this property?
This property features: 1,000 +/- SF retail space with 120 +/- SF of additional storage; Individual heat and air conditioning; Two in‑suite bathrooms
More about this property
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