505 N Lincoln, Wilmington, DE 19806

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Sold Price
$210,000
List Price
$219,900
Closing Date
Nov 14, 2025
Days on Market
89
Status
CLOSED
MLS#
DENC2086818
Bedrooms
1
Bathrooms
2
Full Baths
1
Half Baths
1
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1944
County
New Castle
School District
Red Clay Consolidated

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.

Additional Information

Area
Wilmington (30906)
Subdivision
Little Italy
Taxes
$3057
School District
Red Clay Consolidated
Flooring
Wood, Vinyl
Heating
Other
Heating Fuel
Other
Cooling
None
Roof
Flat
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Pantano Real Estate Inc. Contact:

Selling Office: .