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Mixed-Use Storefront with Apartment
For Sale
Contact for pricing
Pending

416 N Union Street, Wilmington, DE 19805

Commercial storefront with restaurant infrastructure, basement storage, and a remodeled upstairs apartment with separate utilities.

Property SizeContact for details
Days on Market142

Property Features for 416 N Union Street

General Information

Standard status Pending
Property subtype Retail
Listing Agency: RE/MAX Associates-Newark
Listed By: Joseph Berchock · License #DE R3-0009070
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:43AM

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 RE/MAX Associates-Newark

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial storefront with a second-floor residential apartment. The approximately 1,000-square-foot storefront includes a 33' x 13' front area, a 13' x 10' prep space, an Ansul fire protection system, a 7' exhaust system, and a unisex bathroom. A full basement provides additional storage space.

The upstairs unit contains two bedrooms, a family room, and an eat-in kitchen. It was recently remodeled and includes a private entrance, separate utilities, and central air. The property is located at 416 N Union Street in Wilmington, across from The Flats redevelopment, with the surrounding corridor identified as Restaurant Row.

Key Highlights

  • Mixed‑use property with commercial storefront and second‑floor apartment
  • Approximately 1,000 sq. ft. storefront with 33' x 13' front area
  • 13' x 10' prep area, Ansul fire protection, and 7' exhaust system

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Cafe & Coffee Shop Locksmith (Bike/Boat/Book/etc) Store

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

2,514
Businesses Nearby
74k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 39%
Shell Shops & Services
10,378 visits/mo 0.5 miles
Dollar Tree Shops & Services
10,064 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,628 visits/mo 0.5 miles
Grotto Pizza Dining
9,008 visits/mo 0.5 miles
AutoZone Shops & Services
6,479 visits/mo 0.3 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

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?
Mixed-use property - Commercial storefront with restaurant infrastructure, basement storage, and a remodeled upstairs apartment with separate utilities.
Where is this mixed-use property located?
The property is located at 416 N Union Street Wilmington, DE.
What are key features of this property?
This property features: Mixed‑use property with commercial storefront and second‑floor apartment; Approximately 1,000 sq. ft. storefront with 33' x 13' front area; 13' x 10' prep area, Ansul fire protection, and 7' exhaust system
(302) 530-5515 Call to check price and availability
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