90 Clinton St
Delaware City, DE 19706
Commerce de détail Propriété À vendre

Mixed-use waterfront investment property located in the heart of Delaware City’s historic Merchant’s Row. Originally built in approximately 1900, the property offers historic character, a prominent downtown location, and a waterfront setting within Delaware City’s historic district. The property features an established first-floor commercial tenant along with a spacious three-bedroom, two-bath residential unit above, providing multiple opportunities for rental income. Based on previous rental rates, the property offers approximately $34,800 in annual rental income potential.
The first floor is currently occupied by the established Boujee Hair Studio, providing ongoing commercial rental income. The commercial space offers excellent visibility along Clinton Street and is well suited for a variety of retail, office, salon, gallery, or other commercial uses.
The upper level features a three-bedroom, two-bath residential unit offering additional rental potential. With three bedrooms and two full bathrooms, the apartment provides a flexible layout suitable for a variety of residential rental strategies, whether utilized as a long-term rental or furnished for short-term use.
Ideally situated within walking distance of Delaware City’s restaurants, shops, waterfront, marina, and the ferry to Fort Delaware State Park, with Fort DuPont State Park nearby. With approximately $34,800 in annual rental income potential, an established commercial tenant, a three-bedroom residential unit, and a desirable waterfront location in the heart of historic downtown Delaware City, 90 Clinton Street presents an opportunity to own an income-producing mixed-use property offering historic character, flexibility, and multiple potential uses.
The Downtown Development District (DDD) program is a State of Delaware rebate program that encourages property improvements and development within designated areas of Delaware City. Eligible projects may qualify for rebates of up to 20% of approved project costs for certain renovations, improvements, or development projects within the district. Delaware City also offers local incentives for these projects, you can find more information on that on our website www.delawarecity.org For the most accurate and detailed information regarding eligibility, rebate amounts, application requirements, and deadlines, residents should contact the Delaware State Housing Authority (DSHA), which administers the program.