DE > Wilmington
Wilmington, DE 19805,507 N LINCOLN ST
Wilmington, DE 19805,507 N LINCOLN ST
Wilmington, DE 19805,507 N LINCOLN ST
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Listed by Thomas E. Skiffington • RE/MAX 440 - Perkasie
$137,500
Est. payment /mo
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1,900 SqFt
New

507 N LINCOLN ST Wilmington, DE 19805

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $72

MLS Listing ID DENC2088112

Year Built 1933

Annual Tax Amount $2,012

Tax Year 2024

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Calling all investors, developers, and rehabbers! This unique commercial property offers an incredible opportunity to create an income producing space. Formerly a storefront with a residential apartment above, the building is perfectly suited for a mixed-use renovation.
Whether you're looking to restore the retail space, convert to office or studio use, or reimagine the entire property for modern needs, this is your chance to bring your vision to life. The upstairs apartment provides additional rental income or owner-occupied living space.
Solid bones and a flexible layout make this an ideal project for someone ready to unlock its full potential. Create your own space or capitalize on the growing demand for live-work properties. Bring your creativity – this is a rare opportunity you don't want to miss!
This property is being sold As-Is. The seller will make no repairs or improvements. Buyer and/or buyer's agent are solely responsible for conducting their own due diligence and verifying all information deemed relevant, including but not limited to: square footage, lot size, property condition, zoning, utilities, taxes, permitting requirements, school district, homeowner association (HOA) obligations, and any other pertinent details. Seller makes no representations or warranties.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26C-2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 26-026.20-127

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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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507 N LINCOLN ST

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