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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

706 Market St Wilmington, DE 19801

42,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 4,969 square foot retail space is located at 706 North Market Street in the heart of Wilmington, Delaware, within New Castle County (zip code 19801). The property is part of a larger building totaling 42,000 square feet and currently features a single suite. This storefront boasts a contemporary design, showcasing exposed ducts and an open floor plan, perfect for a variety of retail uses. The space benefits from a 200 Amp, 240 Volt, 3-phase electrical service, ensuring ample power for modern business needs. The location is experiencing significant revitalization, with hundreds of new apartments being constructed annually, creating a growing customer base for retail businesses. This renovated storefront offers a unique opportunity to establish a presence in a thriving downtown area. The property is classified as commercial, storefront retail, and is currently vacant. This is a multi-tenant building, although this particular space is the only available suite at this time. The property's prime location on North Market Street offers excellent visibility and accessibility. Don't miss this chance to be part of Wilmington's exciting retail resurgence.

Property profile
Verified
Property type Retail properties & Spaces
Total area 42,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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