Property

Wilmington, DE 19805 507 N Lincoln Street

507 N Lincoln Street Wilmington, DE - Image 1507 N Lincoln Street Wilmington, DE - Image 2507 N Lincoln Street Wilmington, DE - Image 3
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507 N Lincoln Street Wilmington, DE - Image 4507 N Lincoln Street Wilmington, DE - Image 5507 N Lincoln Street Wilmington, DE - Image 6507 N Lincoln Street Wilmington, DE - Image 7507 N Lincoln Street Wilmington, DE - Image 8507 N Lincoln Street Wilmington, DE - Image 9507 N Lincoln Street Wilmington, DE - Image 10
Presented By: RE/MAX 440 - Perkasie
  • MLS# DENC2088112
  • 08/21/2025
  • Request Tour
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  • SQFT • 1,900

Home Details

Calling all investors, developers, and rehabbers! This unique commercial property offers an incredible opportunity to create an income producing space. Formerly a storefront with a residential apartment above, the building is perfectly suited for a mixed-use renovation. Whether you're looking to restore the retail space, convert to office or studio use, or reimagine the entire property for modern needs, this is your chance to bring your vision to life. The upstairs apartment provides additional rental income or owner-occupied living space. Solid bones and a flexible layout make this an ideal project for someone ready to unlock its full potential. Create your own space or capitalize on the growing demand for live-work properties. Bring your creativity this is a rare opportunity you dont want to miss! This property is being sold As-Is. The seller will make no repairs or improvements. Buyer and/or buyers agent are solely responsible for conducting their own due diligence and verifying all information deemed relevant, including but not limited to: square footage, lot size, property condition, zoning, utilities, taxes, permitting requirements, school district, homeowner association (HOA) obligations, and any other pertinent details. Seller makes no representations or warranties.
Presented By: RE/MAX 440 - Perkasie

Interior Features for 507 N Lincoln Street

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 507 N Lincoln Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeOther
CityWILMINGTON
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyNEW CASTLE
DirectionsLancaster Avenue (SR-48E), left onto N. Lincoln (SR-2E).
HeatingNone
Legal SubdivisionZEMI / DIMEDIO SUBD
Lot Size Square Feet1280.00
Lot Size UnitsSquare Feet
MLS AreaWilmington (30906)
ModificationTimestamp2025-09-12T10:34:06
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG69.08
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount2012.0
Tax Assessed Value39800.0
Tax Lot127
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1933
Year Built SourceEstimated
Zoning26C-2

Exterior for 507 N Lincoln Street

Building Area Total1900.00
Car Parking Spaces
Land Assessed Value7000.00
Land Use Code
Lot Dimensions0.00 x 0.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $131,250
MLS#DENC2088112
List Date 08/21/2025
Property Type Commercial
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