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Market Watch

Residential potential over Market Street shop

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Photo by Fred Bourdon

Location: 716 N. Market St., Wilmington

Asking price: $529,000

Size: 6,420 square feet

Price per square foot: $82.40

Setting: Three-story building is located in the Market Street retail corridor, within walking distance of the Queen, the Grand Opera House, DCAD and downtown offices and government buildings.

Features: The first floor and second-floor mezzanine are leased to Collars & Cuffs, a longtime tenant that will remain in place. The balance of the second floor and the entire third floor are vacant and could be developed as apartments, as the site is near many new apartment offerings and planned residential projects.

Contact: Jon Hickey at NAI Emory Hill at (302) 322-9500.

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