$219,900

505 N LINCOLN, Wilmington, DE 19806

  • 1 bed |
  • 2 baths
  • Property Icon Town Home
  • Property Year Built Icon Built in 1944
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

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.

Listing Status:
Active
Listing Office:
Pantano Real Estate Inc : 3028880300
Listing Agent:
Paul M Pantano : 3028880300
MLS ID:
DENC2086818
  • Rooms: Primary Bedroom
  • Basement: Unfinished
  • Flooring: WoodVinyl
  • A/C: None
  • Heating: OtherOther
  • Disability Feature: None

This listing courtesy of Paul M Pantano, Pantano Real Estate Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William C. Lewis Dual Language Elementary School

920 N Van Buren St, Wilmington, DE, 19806

Grades KG-5

0.72 miles away

C

Calloway (Cab) School of the Arts

100 N Dupont Rd, Wilmington, DE, 19807

Grades 6-12

0.90 miles away

C

Calloway (Cab) School of the Arts

100 N Dupont Rd, Wilmington, DE, 19807

Grades 6-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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