1501 N Walnut Street Wilmington, DE $ 990,000
1501 N Walnut Street
$ 990,000
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1501 N Walnut Street

Wilmington, DE, 19801
$ 990,000
Bedrooms-- Baths-- Sq 7,620

Monthly Estimate*

$ 6,838

1501 N Walnut Street, Wilmington, DE 19801 - Image 1

Commercial Property for sale in Wilmington, DE

for $990,000. This 7,620 square foot building was built in 1918 on a lot size of 0.19.

Opportunity awaits at 1501 N. Walnut Street in Wilmington! This fully renovated, two-story commercial office building offers an exceptional combination of location, flexibility, and investment potential just five blocks from Rodney Square and convenient to the Brandywine River. Constructed of masonry and brick, the property is currently configured into four office suites, providing multiple possibilities for an owner-user, investor, or growing business. The spacious first floor features a large office suite with multiple work areas and additional rear space that can accommodate files, equipment, storage, or other operational needs. The second floor includes two office suites with the potential for an additional suite configuration, offering flexibility for multiple tenants, separate departments, or future expansion. Additional configuration possibilities may also exist on the main level. Each floor features separate men's and women's restrooms. With private office space, conference room potential, adaptable layouts, and rear parking, the property can accommodate a variety of professional and business uses. Its flexible configuration also provides an opportunity for an owner-user to occupy a portion of the building while potentially generating income from additional suites. Ideally positioned near Downtown Wilmington's business district, government offices, dining, transportation, and major roadways, 1501 N. Walnut Street offers a compelling opportunity for businesses and investors seeking a well-located commercial asset with room to grow. Schedule your private tour and explore the possibilities at 1501 N. Walnut Street.

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Commercial Contingent

Price

$ 990,000

Property Type

Commercial

Taxes

$ 5,917

Style

Professional

Lot Size

0.19

Year Built

1918

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2110844

Features
Interior
Heating 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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General
Sewer 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 Electric Alarm Exterior Cameras 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 Professional
Accessibility 2+ Access Exits
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Subdivision Name WILM #09
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
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 129.92
Acceptable Financing Cash Conventional Other
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 035
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Exterior
Parking Features Fenced Paved Parking Private
Lot Features Corner
Water Source Public
Type of Parking On Street Other Parking Lot
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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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Keller Williams Realty Wilmington

Broker

shontay.weeks@kw.com

Email

Affordability Calculator

$7,331
Per Month
93%
7%
0%
Monthly Principal & Interest
$6,838
Monthly Property Taxes
$493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/9/2026$990,000 Listed Price

Map


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1501 N Walnut Street, Wilmington, DE, 19801 is a Commercial Property for sale at $990,000 with 7,620 sqft and a lot size of 0.19. 1501 N Walnut Street was built in 1918. The property's zip code is 19801 which is in Wilmington, DE