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Listed by Christopher D Wharton • Long & Foster Real Estate, Inc.
$ 594,000
Est. payment /mo
Active
621 MARYLAND AVE Wilmington, DE 19805
5,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $110
Subdivision None Available
MLS Listing ID DENC2075908
Year Built 1940
Annual Tax Amount $4,345
Tax Year 2024
Lot Size 3,485 Sqft
Acres 0.08
Lot Dimensions 48.50 x 67.50
Property Sub-Type Retail
Source BRIGHT
Property Description
Investor alert! 621 Maryland Ave is a fully occupied, mixed-use income property in a high-traffic Wilmington location. The first floor features a thriving restaurant with a long-term tenant paying $2,800/month. Upstairs, you'll find two 2-bedroom residential units, rented at $950 and $925/month, offering reliable cash flow from day one.
Whether you're looking to diversify your portfolio or secure a solid stand-alone investment, this property delivers with minimal vacancy risk and established tenants in place. Conveniently located near major routes and redevelopment areas, 621 Maryland Ave is primed for both steady income and future upside.
Don't miss this turn-key opportunity — schedule your showing today.
Whether you're looking to diversify your portfolio or secure a solid stand-alone investment, this property delivers with minimal vacancy risk and established tenants in place. Conveniently located near major routes and redevelopment areas, 621 Maryland Ave is primed for both steady income and future upside.
Don't miss this turn-key opportunity — schedule your showing today.
Location
State DE
County New Castle
Area Wilmington (30906)
Zoning 26C-2
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Christina
Others
Tax ID 26-042.10-534
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
