Average square foot calculated using Size range provided by listing agent.
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.Show Description
MLS® NumberDENC2086818
Laundry Level
Central VacNo
FireplaceNo
Acreage0.04
Exterior
GarageNo
Approx. Age1944
BasementUnfinished
DrivewayOn Street
Garage Spaces
HeatOther, Other Fuel
A/CNone
Heating Fuel
Extras
Any owner owned appliances
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