1401 Pennsylvania Ave Wilmington, DE 19806
This exceptional 750-square-foot retail condominium is ideally situated at 1401 Pennsylvania Avenue, Suite 102, in Wilmington, Delaware's vibrant Trolley Square neighborhood. Offered at $159,000 ($212/SF), this property boasts a prime location on a busy thoroughfare with a daily traffic count of 17,667 vehicles. The building, constructed in 1981, is a two-story structure, and this unit is zoned 26R-2A. The space is currently configured as a salon, although owner fixtures are not included in the sale. Utilities—electricity, water, trash, and cable—are conveniently included in the condo fee. One deeded off-street parking space is provided, with ample on-street parking available for customers. This presents a fantastic opportunity for a variety of retail businesses seeking high visibility and convenient access in a bustling commercial district. The property is a single-unit condominium.
-
Dr. Charles F. Maguire, DDS Dental Office
-
Bishop Taurance N DDS Dental Office
-
Richard F Rago Law Offices Law Firm
-
1401 Hair Designs And Massage Therapy Ltd Hair Salon
-
AMANI Birth Childbirth Class Midwife
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.