505 N Lincoln, WILMINGTON, DE 19806

Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
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

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Home facts

  • Year built:1944
  • Listing Id #:DENC2086818
  • Added:14 day(s) ago
  • Updated:August 14, 2025 at 01:41 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)