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.
For sale
$219,900
505 N Lincoln St, Wilmington, DE 19805
1beds
--sqft
Est.:
Townhouse
Built in 1944
1,600 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Versatile commercial spaceWell-maintained one-bedroom apartmentGenerous natural lightSpacious great roomOpen-concept layout
- 12 days
- on Zillow |
- 262 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: July 30, 2025 at 10:12am
Listed by:
Paul Pantano 302-888-0300,
Pantano Real Estate Inc 3028880300
Source: Bright MLS,MLS#: DENC2086818

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Primary Bedroom
Primary bedroom
- Level: Unspecified
Heating
- Other
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Wood, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 1,600 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 26026.20126
- Zoning: C2
- Zoning description: Property is zoned C2.
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Stone
- Roof: Flat
Condition
- New construction: No
- Year built: 1944
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Little Italy
HOA
- Has HOA: No
Location
- Region: Wilmington
Financial & listing details
- Tax assessed value: $290,300
- Annual tax amount: $3,057
- Date on market: 7/30/2025
- Listing agreement: Exclusive Agency
- Inclusions: Any Owner Owned Appliances
- Exclusions: Any Tenant Owned Personal Property
- Ownership: Fee Simple
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