501 Maryland Avenue Wilmington, DE $ 249,900
501 Maryland Avenue
$ 249,900
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501 Maryland Avenue

Wilmington, DE, 19805
$ 249,900
Bedrooms-- Baths-- Sq 435

Monthly Estimate*

$ 1,539

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Commercial Property for sale in Wilmington, DE

for $249,900. This 435 square foot building was built in 1938 on a lot size of 0.03.

Looking to start a new business, live where you work, or add a versatile investment property to your portfolio? This unique mixed-use opportunity offers it all. Situated on one of the citys busiest streets, this prominent corner commercial storefront provides excellent visibility and exposure for your business. The property features a spacious 3-bedroom, 1.5 bath apartment above the storefront, complete with separate utilities and a private entrance, ideal for owner occupancy or generating rental income. In addition, there is another apartment with its own separate entrance, ready to be renovated and finished to suit your vision. Need garage space? The property also includes an oversized one-car garage, providing valuable storage or parking. Stretching from Maryland Avenue to Jackson Street, this property benefits from high traffic and outstanding street exposure, perfect for marketing your business to both the local community and daily commuters. The storefront offers a blank canvas suitable for a variety of business uses. Historically, the space has operated as both a beauty shop and a tobacco store, demonstrating its flexibility. The building is in great overall condition and simply awaits your creativity to restore it to its full potential. The property is priced to sell. Schedule your showing today and explore the possibilities this unique property has to offer.

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Commercial Active

Price

$ 249,900

Property Type

Commercial

Taxes

$ 1,725

Style

Apartment Building,,Hair Salon and Spa,/General Re

Lot Size

0.03

Year Built

1938

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2097560

Features
Interior
Heating Fuel Natural Gas
Flooring Wood
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Central Forced Air
Cooling None
Utilities Electric Available Natural Gas Available Sewer Available Water Available
Possession Immediate
Roof Flat
Zoning 26C-2
Construction Materials Brick
Exclusions Personal Property
Year Built 1938
Electric Circuit Breakers
Property Subtype Mixed Use
Tax Year 2018
Ownership Fee Simple
Cool Fuel Other
Business Type Apartment Building Other Hair Salon and Spa Other/General Retail
Building Name NONE AVAILABLE
Accessibility None
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Subdivision Name HEDGEVILLE
Water Access Y/N N
Status ACTIVE
Directions Keep Straight on Maryland Ave. Property is on the right.
City WILMINGTON
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 1307.00
Tax Annual Amount 1725.0
Price Per Sq Ft Total AG 146.65
Acceptable Financing Cash Conventional
Historic Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Parking Features Public Private
Water Source Public
Type of Parking On Street Private Garage
Foundation Details Stone
Water View Y/N N
Building Area Total 1704.00
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 501
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* Excluded Features
List By
Barksdale & Affiliates Realty

Broker

eddie@barksdaleaffiliates.com

Email

Affordability Calculator

$1,682
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$249,900 Listed Price

Map


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501 Maryland Avenue, Wilmington, DE, 19805 is a Commercial Property for sale at $249,900 with 435 sqft and a lot size of 0.03. 501 Maryland Avenue was built in 1938. The property's zip code is 19805 which is in Wilmington, DE