DE > Wilmington > Little Italy
Wilmington, DE 19806,505 N LINCOLN
Wilmington, DE 19806,505 N LINCOLN
Wilmington, DE 19806,505 N LINCOLN
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Listed by Paul M Pantano • Pantano Real Estate Inc
$219,900
Est. payment /mo
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1 Bed
2 Baths
1,600 Sqft Lot
Active

505 N LINCOLN Wilmington, DE 19806

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

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Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Subdivision Little Italy

MLS Listing ID DENC2086818

Style Traditional

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Y/N N

Year Built 1944

Annual Tax Amount $3,057

Tax Year 2025

Lot Size 1,600 Sqft

Acres 0.04

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Mixed-Use Opportunity in the Heart of Wilmington's Little Italy. 505 N Lincoln is an excellent opportunity to run your business on the first floor while generating additional income from the second. This C-2 commercially zoned property offers excellent flexibility for a variety of business and professional uses.

The first floor provides a versatile commercial space perfect for retail, office, or service-based businesses. Upstairs, the second floor features a well-maintained one-bedroom apartment with an open-concept layout. The kitchen flows into a spacious great room, creating a bright and adaptable living environment. A full bathroom and generous natural light complete the residential unit, which is currently occupied and generating rental income.

Whether you're an owner-occupant or investor, this property offers strong potential in a vibrant neighborhood with excellent visibility and proximity to downtown Wilmington, Trolley Square, the hotspots on Union Street and major transportation routes.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning C2

Rooms

Other Rooms Primary Bedroom

Basement Unfinished

Interior

Hot Water Electric

Heating Other

Cooling None

Flooring Wood, Vinyl

Inclusions Any owner owned appliances

Heat Source Other

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Story 2

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Senior Community No

Tax ID 26-026.20-126

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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505 N LINCOLN

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