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East 12th & North King Street st
Wilmington, DE 19801
King and Market Street Assemblage · Land For Sale
·
0.60 AC
Investment Highlights
- .60 +/- Acre Parking Lot - Downtown Wilmington Location
- Strong Demand for Downtown Parking, Investment or Apartment Redevelopment
- Close proximity to Office, Government, Retail, and Residential Buildings
- Zone: 26C-4 Commercial allowing for uses including retail, restaurant, office, hospitality, mixed-use development with residential above commercial
Executive Summary
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Parking Lot |
| No. Lots | 1 | Total Lot Size | 0.60 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | 26C-4 - Commercial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
| Total Lot Size | 0.60 AC |
| Opportunity Zone |
Yes |
| Zoning | 26C-4 - Commercial |
1 Lot Available
Lot
| Price | $4,445,440 CAD | Lot Size | 0.60 AC |
| Price Per AC | $7,409,066.52 CAD |
| Price | $4,445,440 CAD |
| Price Per AC | $7,409,066.52 CAD |
| Lot Size | 0.60 AC |
Prime 0.60-acre Downtown Wilmington parcel zoned 26C-4 for retail, office, hospitality, or mixed-use. Steps from offices, retail, and I-95 access. Opportunity Zone designation offers tax incentives—perfect for redevelopment in a high-demand urban cor
Description
The property consists of approximately 0.60 acres situated along East 12th Street between King and Market Streets in Wilmington, Delaware. It is operated as a parking lot and is within the city’s downtown district. Surrounding land uses include government offices, commercial buildings, retail establishments, and residential developments. Regional connectivity is provided by Interstate 95, located nearby. The zoning designation is 26C-4 Commercial, which allows for various urban uses including retail, office, and hospitality.
