505 N Lincoln Wilmington , DE 19806

Courtesy of Paul Pantano, Pantano Real Estate Inc {attribution_contact}

Description

1 Bed
1 full, 1 half Baths
0 Sqft
1,742 Sqft lot
0.04 Acre lot
Status: Active
Property Type: Townhouse
Year Built: 1944
Neighborhood: Little Italy
Days on Website: 4
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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