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Storefront Property Requiring Renovation
New
For Sale
$299,999

727 N UNION St, Wilmington, DE 19805

Offered as-is, the property requires significant repairs and updating before occupancy or further improvement.

Property SizeContact for details
Days on Market2

Property Features for 727 N UNION St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,404

Building Details

Year Built 1938
Listing Agency: Berkshire Hathaway HomeServices Fox & Roach REALTORS Hockessin
Listed By: Scott C Farnan · License #R3-0019815
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 12:12PM

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 Berkshire Hathaway HomeServices Fox & Roach REALTORS Hockessin

Investment Insights

Based on property information with market context.

Built in 1938, this storefront property at 727 N Union St in Wilmington, Delaware, is offered in its current as-is condition and requires significant repairs and updating. The building previously housed a family-owned business that operated at the location for more than 40 years. No representations or warranties are provided regarding the property's condition or potential use, so zoning, permitted uses, and any redevelopment plans require independent due diligence.

Prospective buyers and agents must sign a Hold Harmless Agreement before entering the property. The site records a Walk Score of 91, a BikeScore of 48, and a TransitScore of 45, reflecting established pedestrian, bicycle, and transit accessibility.

Key Highlights

  • Storefront property built in 1938
  • Previously occupied by a family‑owned business for more than 40 years
  • Property is offered as‑is and requires significant repairs and updating

Property Analytics

Current Use

Wilson's Lighting & Shade ... (Bike/Boat/Book/etc) Store

Suggested Use

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

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
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Offered as-is, the property requires significant repairs and updating before occupancy or further improvement.
Where is this storefront property located?
The property is located at 727 N UNION St Wilmington, DE.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Storefront property built in 1938; Previously occupied by a family‑owned business for more than 40 years; Property is offered as‑is and requires significant repairs and updating
More about this property
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