14 E 40Th Street Wilmington, DE ^$ 1,125,000

14 E 40Th Street

^$ 1,125,000

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14 E 40Th Street

Wilmington, DE, 19802

^$ 1,125,000

Bedrooms-- Baths-- Sq 7,444

Monthly Estimate*

^$ 7,019

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Commercial Property for sale in Wilmington, DE

for $1,125,000. This 7,444 square foot building was built in 1963 on a lot size of 0.1.

Mixed-Use with great income. Six offices ground floor and 5 apartments second floor that have been recently renovated with beautiful kitchens. Apartments are fully leased. Offices are full service with Wi-Fi, Security Cameras, Key Fob Entrance. Fully Leased. Close to N. Market Street in quiet residential area. Low maintenance. $109,000 NOI 48 Hours Notice NDA Required

Commercial Active

Price

^$ 1,125,000

Property Type

Commercial

Taxes

^$ 4,930

Style

Apartment Building,Institutional,Professional

Lot Size

0.1

Year Built

1963

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2079796

Features

Interior

Heating Fuel Electric Natural Gas

Hot Water 60+ Gallon Tank

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating 90% Forced Air

Cooling Central A/C

Possession 31-60 Days CD

Zoning NC5

Construction Materials Block Brick Concrete Vinyl Siding

Year Built 1963

Electric 200+ Amp Service

Property Subtype Five Or More Units

Tax Year 2024

Ownership Fee Simple

Cool Fuel Electric

Business Type Apartment Building Institutional Professional Other

Accessibility None

County NEW CASTLE

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions N. Market Street East on 40th to 14 E. 40th

City WILMINGTON

Number Of Units Total 0

MLS Area Wilmington (30906)

Lot Size Units Square Feet

Lot Size Square Feet 4356.00

Tax Annual Amount 4930.0

Price Per Sq Ft Total AG 140.64

Acceptable Financing Conventional Cash Negotiable Other

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Legal Subdivision PENNROSE

Tax Lot 041

Exterior

Water Source Public

Inclusions All appliances

Type of Parking Driveway On Street

Water View Y/N N

Building Area Total 7999.00

Lot Dimensions 40.00 x 107.50

Lot Size Acres 0.10

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 6500.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 14

* Excluded Features

List By

Keller Williams Realty Wilmington

Broker

csplummer2@gmail.com

Affordability Calculator

$7,429

Per Month

Monthly Principal & Interest: $7,019
Monthly Property Taxes: $411
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Wilmington, DE

Average List Price ^$1,021,339

Percent of Sale Price 9%

About Wilmington, DE

72,929 Population

0% Since 2002

^$41,839 Median Income

36.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2025	$1,125,000		Listed Price

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14 E 40Th Street, Wilmington, DE, 19802 is a Commercial Property for sale at $1,125,000 with 7,444 sqft and a lot size of 0.1. 14 E 40Th Street was built in 1963. The property's zip code is 19802 which is in Wilmington, DE

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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14 E 40Th Street

Commercial Property for sale in Wilmington, DE

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