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Mixed-Use Commercial Space

704 N MARKET St, Wilmington, DE 19801

For Lease
New
$9,350/Mo

An open-plan suite accommodates office, retail, or a combination with a customer-facing component beneath a 45-unit apartment development.

Space Size2,000 SF - 5,700 SF
Days on Market2

Property Features for 704 N MARKET St

General Information

Standard status Active
Size 2,000 SF - 5,700 SF
Net Rentable 2,000 SF
Property subtype Commercial
Lease Term Flexible

Space & Availability

Available Space 2,000-5,700 SF
Available From Immediate

Building Details

Year Built 1920
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Buzz Moran · License #R3-0016411
Source: Elliman
Added: Nov 6 Last Checked: Nov 6 at 2:37PM

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 Long & Foster Real Estate, Inc.

Rey
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Investment Insights

Based on property information with market context.

This commercial space at 704–706 Market Street offers up to 5,700 square feet, with leasing options beginning at 2,000 square feet. Its open layout allows a tenant to shape the interior around an office, retail operation, or a combination of the two. Glass doors face Market Street, and the space sits below a 45-unit apartment development.

The property is in Downtown Wilmington, with parking garages and lots nearby. Walk Score is 83, Bike Score is 43, and Transit Score is 56. The setting combines a Market Street storefront presence with an on-site residential population and access to nearby parking options.

Key Highlights

  • Up to 5,700 square feet; leasing options start at 2,000 square feet
  • Glass‑door frontage on Market Street
  • Open‑plan layout for office, retail, or combined use

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,565
Businesses Nearby
50k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 39% Dining 33% Shops & Services 22% Electronics 4%
McDonald's Dining
16,382 visits/mo 0.5 miles
BP Shops & Services
6,940 visits/mo 0.5 miles
Sheraton Suites Wilmington Downtown Hotels & Casinos
5,726 visits/mo 0.3 miles
Doubletree by Hilton Downtown Wilmington - Legal District Hotels & Casinos
5,265 visits/mo 0.1 miles
Courtyard Wilmington Downtown Hotels & Casinos
3,169 visits/mo 0.3 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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - An open-plan suite accommodates office, retail, or a combination with a customer-facing component beneath a 45-unit apartment development.
Where is this mixed-use property located?
The property is located at 704 N MARKET St Wilmington, DE.
What is the lease rate?
The lease rate is $9,350/Mo.
What are key features of this property?
This property features: Up to 5,700 square feet; leasing options start at 2,000 square feet; Glass‑door frontage on Market Street; Open‑plan layout for office, retail, or combined use
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