Historic Mixed-Use Building in
833 North Market Street, Wilmington, DE 19801
Mixed-use property with restaurant, speakeasy potential, and residential income.
Type:Multi-Family / Fee Simple
- Added:
- Feb 4, 2026
- Days on Market:
- 118
- Last Refresh:
- Mar 13 at 1:03 pm
Property Features for 833 North Market Street
General Information
- Standard status
- Active
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1928
Listing agent Robert Harrison License #rs-0024041 (302) 545-5327
Listing office Harrison Properties, Ltd. (302) 545-5327
Listing date Feb 4, 2026
Source Compass
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 Harrison Properties, Ltd.
HighLights
- Approved for a 57‑seat restaurant and lower‑level speakeasy in Downtown Wilmington.
- Four fully occupied two‑bedroom apartments generating $91,000+ in annual residential revenue.
- Projected double‑digit capitalization rate with restaurant/speakeasy establishment.
- Prime location on a main commerce street near Christiana Care, Widener Law, and the city’s corporate hub.
- Renovated in 2020 with industrial‑chic apartments featuring 15 ft ceilings, exposed brick, and open ductwork.
- Brand‑new plumbing, HVAC, and electrical fit‑out with separated systems.
Overview
Located in Downtown Wilmington, DE, the Historic Farmers Mutual Building is a mixed-use property with 26C-3 zoning. It has approvals for a 57-seat restaurant and a lower-level speakeasy. The property is situated on a main commerce street near Christiana Care, Widener Law, and the city’s corporate hub, sharing the neighborhood with establishments such as La Fia, Bardea, and Le Cavalier. Upstairs, there are four fully occupied two-bedroom apartments. Renovated in 2020, these industrial-chic apartments feature 15 ft ceilings, exposed brick, and open duct, beam, and woodwork, creating a lofted, urban appeal. The apartments generate upwards of $91,000 in annual residential revenue. The pro forma projects a prospective double-digit capitalization rate with an establishment in place. The property features brand-new plumbing, HVAC, and electrical fit-out with separated systems.
Location Intelligence
Current Use by Public Records
Mixed-use properties
Map
- City
- Wilmington
- County
- New Castle
- State
- Delaware
- Longitude
- -75.5489499
- Latitude
- 39.7443546
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with restaurant, speakeasy potential, and residential income.
Where is this mixed-use property located?
The property is located at 833 North Market Street Wilmington, DE.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Approved for a **57‑seat restaurant and lower‑level speakeasy** in Downtown Wilmington.; Four fully occupied two‑bedroom apartments generating $91,000+ in annual residential revenue.; Projected **double‑digit capitalization rate** with restaurant/speakeasy establishment.
