Building Details

Buildings 1

Stories 4

Listing Agency: Newmark b***@nmrk.com Show Phone

Listed By: Brett DiClemente · License #DE RS-0020197

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:29PM

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Investment Insights

Based on property information with market context.

This four-story apartment building is currently configured for student housing, with 45 dorm rooms and a college cafeteria. The property also includes retail space on the ground floor along the N. Market Street side of the building, creating a mixed-use physical arrangement.

Key Highlights

• 45 dorm rooms for student housing
• Four‑story building with a college cafeteria
• Ground‑floor retail space on the N. Market Street side

Property Analytics

Current Use

Apartment buildings

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

45

Residential units

Location Intelligence

Trade Area within ½ mile

6,565

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - The building combines student accommodations, cafeteria space, and a ground-floor retail area.

Where is this apartment building located?

The property is located at 707 N King St Wilmington, DE.

What are key features of this property?

This property features: 45 dorm rooms for student housing; Four‑story building with a college cafeteria; Ground‑floor retail space on the N. Market Street side