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721 King St
Wilmington, DE 19801
Retail Property For Sale
Investment Highlights
- 1,476 +/- SF Building
- All Kitchen Equipment, Fixtures and Furniture Included in the Sale
Executive Summary
Own a piece of Wilmington’s history. This 1,476 +/- SF historic building is ideally situated along one of the main corridors in downtown Wilmington, offering excellent visibility, walkability, and access to surrounding businesses. The property is currently configured and operating as a sit-down restaurant, but its flexible layout and central location make it well-suited for a variety of uses—including retail, or continued food service. Included in the sale are the existing furniture, fixtures, and equipment, allowing for a potential turnkey transition for restaurant operators or easy repositioning for a new business.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,500 SF
Building Class
C
Year Built
1909
Price
$541,312 CAD
Price Per SF
$360.87 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.86
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
C - 26C-3 - CENTRAL RETAIL
Frontage
31’ on King St
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 26-035.40-050 | Improvements Assessment | $241,877 CAD |
| Land Assessment | $353,566 CAD | Total Assessment | $595,443 CAD |
Property Taxes
Parcel Number
26-035.40-050
Land Assessment
$353,566 CAD
Improvements Assessment
$241,877 CAD
Total Assessment
$595,443 CAD
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