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First-Floor Restaurant Space
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413 North Market Street, Wilmington, DE 19801

Second-generation restaurant premises with a finished lower level and a downtown setting near dining, offices, residences, and entertainment.

Property Size5,688 SF
Days on Market2

Property Features for 413 North Market Street

General Information

Standard status Active
Size 5,688 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 5,688 SF

Properties For Sale

at 413 North Market Street Contact us

413 North Market Street

Size
2,070 SF
Term
Negotiable
Contact us
Listed By: Joseph Latina, SIOR
Source: Lmtcre
Added: Sep 18 Last Checked: Sep 19 at 7:24AM

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 Joseph Latina, SIOR

Investment Insights

Based on property information with market context.

This 2,070 +/- SF restaurant property occupies the first floor and includes an additional finished lower level. The second-generation configuration provides an established foundation for food and beverage operations within a commercial building on North Market Street.

The property is located in Downtown Wilmington along Market Street, within an area that includes residences, restaurants, entertainment venues, offices, and other businesses. Regional connectivity includes I-95, I-495, Route 13, Route 202 (Concord Pike), Route 52 (Delaware Avenue), and Route 48 (Lancaster Avenue).

Key Highlights

  • 2,070 +/- SF second‑generation restaurant space
  • First‑floor location with an additional finished lower level
  • Located at 413 North Market Street in Downtown Wilmington

Property Analytics

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Current Use

Farmer & The Cow Restaurant

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.

Location Intelligence

Trade Area within ½ mile

5,840
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 30% Hotels & Casinos 25% Electronics 5%
McDonald's Dining
16,382 visits/mo 0.3 miles
BP Shops & Services
6,940 visits/mo 0.2 miles
Sheraton Suites Wilmington Downtown Hotels & Casinos
5,726 visits/mo 0.5 miles
Doubletree by Hilton Downtown Wilmington - Legal District Hotels & Casinos
5,265 visits/mo 0.3 miles
Bank of America Shops & Services
2,077 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant premises with a finished lower level and a downtown setting near dining, offices, residences, and entertainment.
Where is this conventional restaurant located?
The property is located at 413 North Market Street Wilmington, DE.
What are key features of this property?
This property features: 2,070 +/- SF second‑generation restaurant space; First‑floor location with an additional finished lower level; Located at 413 North Market Street in Downtown Wilmington
More about this property
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