505 N Lincoln, Wilmington, DE 19806
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
505 N Lincoln,Wilmington, DE 19806
$219,900
- 1 Beds
- 2 Baths
- - sq. ft.
- Townhouse
- Active
Listed by:paul m pantano
Office:pantano real estate inc
MLS#:DENC2086818
Source:BRIGHTMLS
Price summary
- Price:$219,900
About this home
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.
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Home facts
- Year built:1944
- Listing ID #:DENC2086818
- Added:60 day(s) ago
- Updated:September 29, 2025 at 01:51 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
Structure and exterior
- Roof:Flat
- Year built:1944
- Lot area:0.04 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$219,900
- Tax amount:$3,057 (2025)
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