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12 Trolley Sq
Wilmington, DE 19806

$1,050,000 USD

General Retail Condo For Sale  •  2,940 SF

Property Details

  • Property Type General Retail
  • Total Building Size 42,401 SF
  • Lot Size 1.5 AC
  • Building Class C
  • Year Built 1978
  • Tenancy Multiple
  • Zoning C-2
40 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 12 Retail 2,940 SF $1,050,000 USD
  • Unit Size: 2,940 SF
  • Condo Use: Retail
  • Price: $1,050,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $357.14 USD
Description
Three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above.

Individual Condo Square Footage: 980 +/- SF
Total Building Square Footage: 2,940 +/- SF

Description 

Rare mixed-use investment or restaurant opportunity in Wilmington's sought-after Trolley Square neighborhood. This three-story mixed-use property features three condominium units, including a former restaurant on the first floor and two leased residential apartments above, providing diversified commercial and residential income. Located in one of the city's most established neighborhoods, the property offers convenient access to Downtown Wilmington, I-95, restaurants, retail, and major employers.

Highlights

Three-story mixed-use property with three separate units
Former restaurant occupies the entire first floor and two leased residential apartments provide diversified income alongside the commercial space
Located in the heart of Trolley Square, surrounded by restaurants, retail, and neighborhood amenities
Walkable location with strong residential demand and consistent pedestrian activity
Convenient access to Downtown Wilmington and I-95
Well-suited for restaurant operators, investors or 1031 exchange buyers seeking stable cash flow and long-term appreciation

Property Flyers

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Wilmington (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 6 min - 2.2 mi
Claymont Transportation Center (Wilmington/Newark Line - SEPTA) 17 min - 9.0 mi
AirportDriveWalkDistance
Philadelphia International 32 min - 21.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 112
Type: Surface
Included in Rent: Yes
Joseph Latina 302-414-1000 LMT Commercial Realty, LLC
Joseph Latina 302-414-1000 LMT Commercial Realty, LLC