Property profile

706 Market St Wilmington, DE 19801

OFF-MARKET
Retail properties & Spaces
42,000 SF
Saved · see the list in your Dashboard

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

Location

706 Market St Wilmington, DE 19801
Wilmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 706 Market St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message