201 Market St Wilmington, DE 19801-2527
This fully equipped restaurant space, totaling 2,350 square feet, is ideally situated at the corner of 2nd and Market Streets in Wilmington, Delaware's historic downtown district. The property boasts a C-3 Central Retail zoning designation, ensuring flexibility for various culinary ventures. The space is a single-tenant occupancy and comes complete with an oversized hood system, a walk-in refrigerator, a pizza oven, ample sinks, bar stools, tables and chairs, and multiple televisions. Its prime location offers exceptional visibility and accessibility, situated just two blocks from the Wilmington Amtrak Station. Furthermore, its proximity to the Riverfront, Chase Bank, theaters, colleges, retail establishments, and numerous apartment buildings guarantees a high volume of foot traffic and potential clientele. This turnkey opportunity presents a rare chance to establish or expand a thriving restaurant business in a vibrant and well-connected urban setting within the 2nd & LOMA submarket cluster of Downtown Wilmington. The address is 201 N Market St, Wilmington, DE 19801.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
26C-3 · Wilmington, DEWilmington. Always verify with local authorities before improvements.
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.