You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

1400 Market St Wilmington, DE 19801-3124

1,617 SF 0.04 ac lot Built 1920
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US17-0134671
Property summary
AI-generated overview

This exceptional 4,851 square foot office building, located at 1400 N Market Street in Wilmington, Delaware, presents a unique investment opportunity. Built in 1920, the three-story structure boasts timeless architectural charm and is situated in a vibrant, central location within New Castle County (zip code 19801). Currently zoned 26C-4 Central Office, the property offers significant versatility. Ideal for an owner-user seeking a prominent location, the building could also be adapted to suit a variety of business needs. Alternatively, the property presents potential for redevelopment into residential apartments, capitalizing on the high demand for housing in the area. The asking price is $525,000. This landmark property offers a compelling blend of history, location, and potential, making it an attractive investment for discerning buyers. The property's prime location in Wilmington's bustling urban core provides easy access to major transportation routes, amenities, and a thriving professional community. Its substantial size and flexible zoning provide ample opportunity for creative adaptation and future growth. This is a rare chance to acquire a piece of Wilmington's history and shape its future.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1920
Construction CONCRETE
Total area 1,617 SF
Lot 0.04 ac (1,742 SF)
Zoning code 26C-4
APN 26-028.20-220
UPID US17-0134671
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Aivazoglou Mikropoulos & Ippol · 7 yrs held
Aivazoglou Mikropoulos & Ippol
since 2019
Last sale
$450,000
4 recorded transactions
2019
$275,000
2011
Price N/A
2007
$10
1969
Price N/A
Zoning & alternative use
26C-4 · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 1400 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.
List this address →
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