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919 N Orange St 7,594 SF 100% Leased Retail Building Wilmington, DE 19801 $951,458 CAD ($125.29 CAD/SF)
Investment Highlights
- Turnkey Restaurant Opportunity
- Income-Producing Residential Units
- Prime Downtown Location with Heavy Foot Traffic
Executive Summary
Commercial C-4 zoned, 3-story mixed-use building located in the heart of Wilmington’s Central Business District. Positioned along one of the city’s most prominent and walkable corridors, this property offers an exceptional opportunity for an owner-occupant or investor. Surrounded by major financial institutions, corporate offices, government buildings, restaurants, and retail, the location provides outstanding visibility and accessibility.
The first floor features the well-known Sterling Grille restaurant and will be conveyed with all equipment, fixtures, and furniture included — delivering a true turnkey opportunity. The space may be owner-occupied or leased, with retail and office uses also permitted under C-4 zoning.
Above are two residential income-producing units: a spacious 2BR/2BA apartment on the second floor and a 1BR/1BA apartment on the third floor. Both units offer central air and in-unit washer/dryers and present strong rental potential in this prime downtown location.
Convenient access to I-95 and major roadways. Property is being conveyed in AS-IS condition. An outstanding opportunity for an owner-operator or investor seeking long-term value in Wilmington’s commercial core.
*There are some historic photos represent the original set up of the restaurant and doesn`t reflect the current condition.
The first floor features the well-known Sterling Grille restaurant and will be conveyed with all equipment, fixtures, and furniture included — delivering a true turnkey opportunity. The space may be owner-occupied or leased, with retail and office uses also permitted under C-4 zoning.
Above are two residential income-producing units: a spacious 2BR/2BA apartment on the second floor and a 1BR/1BA apartment on the third floor. Both units offer central air and in-unit washer/dryers and present strong rental potential in this prime downtown location.
Convenient access to I-95 and major roadways. Property is being conveyed in AS-IS condition. An outstanding opportunity for an owner-operator or investor seeking long-term value in Wilmington’s commercial core.
*There are some historic photos represent the original set up of the restaurant and doesn`t reflect the current condition.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,594 SF
Building Class
C
Year Built
1920
Price
$951,458 CAD
Price Per SF
$125.29 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.49
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
26C-4 - Central Office currently used as a turn key restaurant on the first floor and apartments on the 2nd & 3rd floors, retail & office permitted as well.
Frontage
32’ on Orange St
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-035.20-026 | Improvements Assessment | $83,881 CAD |
| Land Assessment | $147,810 CAD | Total Assessment | $231,691 CAD |
Property Taxes
Parcel Number
26-035.20-026
Land Assessment
$147,810 CAD
Improvements Assessment
$83,881 CAD
Total Assessment
$231,691 CAD
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919 N Orange St
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