1501 N Walnut Street
Wilmington, DE, 19801 $ 1,100,000
Bedrooms-- Baths-- Sq 8,276 Monthly Estimate*
$ 6,773
for $1,100,000. This 8,276 square foot building was built in 1918 on a lot size of 0.19.
1501 N Walnut St, Wilmington, DE 19801-3177 presents an outstanding opportunity to purchase a fully renovated two-story office building in a prime Wilmington location just five blocks from Rodney Square and only steps from the Brandywine River. This handsome masonry and brick-constructed property offers flexibility, visibility, and long-term value for an owner-user, investor, or growing company seeking a strong business address with adaptable space. The building is well-suited for a company that wants to control its future through ownership while also benefiting from the option to lease additional space for supplemental income. It is also an excellent fit for investors looking for a multi-suite office asset with strong usability and layout flexibility. The property is mechanically divided into 4 suites and offers the potential for even more flexible suite arrangements depending on operational needs and future planning. The first floor features a large office suite ideal for a main headquarters, a professional services firm, a medical-related office, administrative operations, or client-facing business. A customizable area at the rear provides added functionality for files, equipment, inventory, or operational support. The second level includes 2 suites with the possibility of a 3rd suite configuration, creating strong potential for multi-tenant occupancy, departmental separation, or a live expansion strategy for future growth. There is also possible flexibility for additional suite division on the main level. Each floor includes one mens bathroom and one womens bathroom, offering convenience for staff and visitors. The spacious office layout, conference room potential, and multiple private office areas make this property especially attractive for professional users seeking a move-in-ready environment that supports both daily operations and long-term growth. The buildings solid construction and practical floor plan create a professional setting that can accommodate a range of business types. An additional value-add feature is the parking at the rear of the building, which could further improve convenience and utility for occupants and guests. Whether you are a business owner looking to establish a flagship location, a company seeking room to expand, or an investor seeking a well-located commercial building with multiple occupancy options, 1501 N Walnut St delivers on location, flexibility, and upside in one compelling package. Book your private tour today.
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Commercial ActiveInstitutional,Medical,Professional,School,,Flex
FeaturesInteriorHeating Fuel Electric Natural Gas
Flooring Carpet Vinyl Wood
Hot Water None
Total Stories 2
Heating Y/N Y
Central Air Y/N N
Number of Elevators 0
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GeneralSewer Public Sewer
Heating Central
Cooling None
Utilities Cable TV Available Electric Available Natural Gas Available Sewer Available Water Available
Possession Settlement
Roof Flat Pitched
Zoning 26W4
Security Features Exterior Cameras Electric Alarm Main Entrance Lock
Construction Materials Block Brick Mixed Plumbing Stone
Year Built 1918
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Institutional Medical Professional School Other Flex
Accessibility 2+ Access Exits
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Subdivision Name WILM #09
Possible Use Commercial Day Care Financial Flex Space Industrial Institutional Investment Medical/Dental Mixed Use Office Professional Service School Other
Water Access Y/N N
Status ACTIVE
Directions Use GPS
City WILMINGTON
Number Of Units Total 0
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 8276.00
Tax Annual Amount 5917.0
Property Condition Excellent
Price Per Sq Ft Total AG 144.36
Acceptable Financing Cash Private Other Conventional
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 035
Association Recreation Fee N
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ExteriorParking Features Fenced Paved Parking Private
Lot Features Corner
Water Source Public
Type of Parking Other Parking Lot On Street
Water View Y/N N
Building Area Total 7620.00
Lot Dimensions 166.10 x 60.00
Lot Size Acres 0.19
Lot Size Source Estimated
Waterfront Y/N N
Door Features Double Entry
Land Assessed Value 232200.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byjemimah@jemimahchuksteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,773
- Monthly Property Taxes
- $493
- 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.
Learn more about how to save NearbyCommerical listings in Wilmington, DE
Average List Price $992,870
Percent of Sale Price 10%
About Wilmington, DE 72,929 Population
0% Since 2002
$ 41,839 Median Income
36.72 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/8/2026 | $1,100,000 | | Listed Price |