Patterson-Schwartz Real Estate2300 N Market Street, Wilmington, DE 19802-4230 $495,000
Interior Sq. Ft: 2,187
Acreage: 0.05
Age:53 years
Style:
Other
Subdivision: None Available
Design/Type:
Other
Description
Exceptional opportunity to acquire a well-located mixed-use property in Wilmington, Delaware, featuring a long-standing, income-producing commercial business and a spacious residential unit above—ideal for investors, owner-operators, or live-work buyers. The street-level commercial space is home to a well-known, established liquor store brand, named after the original owner of the building and recognized throughout the surrounding area. The business has a documented history of strong performance, generating approximately $400,000–$500,000 in annual gross revenue from 2017–2024, reflecting consistent demand and a loyal customer base. The liquor license is included with the sale, allowing a new owner to continue operations seamlessly under an established name, or reposition the space while retaining the valuable license. Above the commercial space is a large residential unit, offering the flexibility to live above your business, house a manager, or rent the unit separately for additional income—a powerful advantage for offsetting living expenses or maximizing overall returns. Situated on North Market Street, a high-visibility corridor with convenient access to downtown Wilmington, major employment centers, and surrounding neighborhoods, this property benefits from both traffic exposure and neighborhood stability. Key Highlights: Mixed-use commercial and residential building Established liquor store with strong historical revenue Well-known local brand named after the building’s original owner Liquor license included with sale Residential unit provides live-work or rental income options Prime North Market Street location with excellent visibility This property represents a rare chance to acquire a cash-flowing mixed-use asset with a recognized local business, built-in income, and long-term upside, making it attractive to both seasoned investors and owner-operators seeking stability and flexibility.
Home Assoc: No
Condo Assoc: No
Basement: N
Pool: No Pool
Features
Utilities
Heating - None, None, None, None, Hot Water - None, Public Water, Public Sewer
Garage/Parking
On Street
Exterior
Brick Exterior
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (29 schools)
Public Middle (10 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| First State School | Red Clay Consolidated School District | 1–10 | Wilmington | 0.62 mi |
| duPont (Pierre S.) Middle School | Brandywine School District | 6–8 | Wilmington | 0.83 mi |
| The Bancroft School | Christina School District | 1–9 | Wilmington | 0.9 mi |
| Douglass School | Christina School District | 1–12 | Wilmington | 2.47 mi |
| duPont (Alexis I.) Middle School | Red Clay Consolidated School District | 6–8 | Greenville | 2.6 mi |
| Odyssey Charter School | Odyssey Charter School | K–12 | Wilmington | 3.25 mi |
| Springer Middle School | Brandywine School District | 6–8 | Wilmington | 3.56 mi |
| McCullough (Calvin R. ) Middle School | Colonial School District | 6–8 | New Castle | 3.96 mi |
| Gateway Charter School | Gateway Charter School | 3–8 | Wilmington | 4.66 mi |
| Leach (John G.) School | Colonial School District | Preschool–12 | New Castle | 4.7 mi |
Public High (15 schools)
Private (33 schools)
© 2026 LiveBy. All Rights Reserved.
This report is a detailed community overview for Wilmington (19802), Delaware.
Community Quick Facts
- Average travel time to work for people in this community: 25
- Average salary of people in this community: $45,076
Community Summary
- Population Density (ppl / mile): 8,011
- Household Size (ppl): 2.45
- Households w/ Children: 56%
Housing Inventory
- Owned: 5,103 (43.6%)
- Rented: 5,296 (45.2%)
- Vacant: 1,306 (11.2%)
- Total: 11,705
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.9%
- Some High School: 7.8%
- High School Graduate: 45.4%
- Some College: 15.9%
- Associate Degree: 5.1%
- Bachelor's Degree: 12.3%
- Graduate Degree: 11.6%
Income by dollar range
Median Income: $46,176
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $541
- One Bedroom: $819
- Two Bedroom: $1,073
- Three Bedroom: $1,226
- Four Bedroom: $1,326
© 2026 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-753-2116
Listing Courtesy of: Crown Homes Real Estate , (302) 504-6147
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 1/16/2026.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
