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1701 N MARKET STREETWILMINGTON, DE 19802

Commercial · 4,180 Sq. ft. | 0.28 Acres
$475,000 ACTIVE

1701 N MARKET STREET Overview

Time on Site:
194 days
Visits:
37

Located along the highly visible North Market Street corridor, 1701 N. Market Street offers a compelling 4,180 SF redevelopment or value-add opportunity in the City of Wilmington. The property sits within an established urban commercial area experiencing continued reinvestment, making it well-positioned for repositioning or adaptive reuse. The existing structure provides a solid footprint suitable for office, retail, professional, medical, or mixed-use redevelopment, allowing investors and developers flexibility to modernize and maximize the site's potential. There are many uses listed in the 26C-1 Zoning in Wilmington. With strong street frontage and exposure to consistent daily traffic, the property supports future leasing and long-term value creation. Surrounded by a mix of commercial, residential, and institutional uses, and in downtown Wilmington, this asset presents an opportunity to capitalize on an improving corridor and increasing demand for well-located urban space. Make the want-a-be Market St address your own.

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1701 N MARKET STREET Facts & Features

  • Type Commercial
  • Sq. ft. 4,180
  • Price/Sq.ft. $114
  • Lot 0.28 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1954

Business Information

  • Business Type: Other/General Retail,Professional,Medical,Vet/Kennel,Hair Salon and Spa,Bed and Breakfast

Location/Region

  • Country: US
  • County: NEW CASTLE
  • County Or Parish: NEW CASTLE
  • In City Limits: Yes
  • MLS Area Major: Wilmington (30906)

Parking Information

  • Total Parking Spaces: 8
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax: 4871.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 546.00
  • County Tax Payment Frequency: Annually
  • School Tax: 5976.00
  • Tax Annual Amount: $11,393.00
  • Tax Assessed Value: 835900.00
  • Tax Year: 2025

General Information

  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • School District Name: RED CLAY CONSOLIDATED
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: 26C-1

Unit Information

  • Other Units: Unit 1,Unit 1,Unit 1,Unit 1,Unit 1

Interior

Building Information

  • Cooling Fuel: Other
  • Heating Fuel: Other
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 4180.00
  • Central Air: No
  • Hot Water: Other

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Other
  • Security Features: 24 hour security

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 109.00 x 109.60
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12197.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Brick

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1

Unit 2 Details

  • Unit Type: Unit 1

Unit 3 Details

  • Unit Type: Unit 1

Unit 4 Details

  • Unit Type: Unit 1

Unit 5 Details

  • Unit Type: Unit 1

1701 N MARKET STREET Neighborhood

Community

19802 (WILMINGTON) Demographics

37
Median Age
8,139
Population Density (per sq. mile)
33%
College Educated
$47,258
Estimated Median Income
4,876
Estimated Total Home Owners
5,452
Estimated Total Renters
47% / 53%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1701 N MARKET STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1701 N MARKET STREET Market Data

Based on the last 30 days in this zip code

$252,694
Average List Price
$182
Average Price per Square Foot
20
Properties Sold
73
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

1701 N MARKET STREET History

Date Event Value Agent
4/15/2026Source: BRIGHT MLS Price Reduction
$475,000 -13.6%
12/17/2025Source: BRIGHT MLS Added to Database
December 17, 2025
Listing provided courtesy of EMORY HILL REAL ESTATE SERVICES INC.- MLS# DENC2094584MLS ProviderContact Information: 3023229500