Request More Info
Schedule a Showing
Share
Print
|
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.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 7/30/2025 | Tract | LITTLE ITALY |
|---|---|---|---|
| Year Built | 1944 | Community | Wilmington (30906) |
| County | NEW CASTLE |
SCHOOLS
| School District | RED CLAY CONSOLIDATED |
|---|
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | Wilmington (30906) |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Other |
| LOT | 1742 sq ft |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | LITTLE ITALY |
| TAXES | 3057 |
| WATER | Public |
| ZONING | Property is zoned C2. |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for DEBALLI Real Estate to contact you even if your name is on a Federal or State "Do not call List". | |
Listing provided by Pantano Real Estate Inc
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Prudential Fox and Roach participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Prudential Fox and Roach are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 10/21/25 11:18 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email
