Description

Offered for sale is a well-located mixed-use commercial property featuring a long-established, operating liquor store at street level and a spacious residential unit above, providing multiple income streams and flexible ownership strategies.

The ground-floor commercial space is occupied by a recognized, long-standing liquor store brand, named after the original owner of the building, with deep neighborhood recognition and repeat customer traffic. The business has demonstrated consistent historical performance, with gross revenues averaging approximately $400,000–$500,000 annually from 2017 through 2024. Liquor license is included in the sale, offering immediate operational continuity and eliminating the time and uncertainty typically associated with license acquisition.

The upper-level residential unit has 4 bedrooms. Offering additional value and flexibility, suitable for owner-occupancy, on-site management housing, or separate rental income. This configuration supports live-work use, partial owner occupancy, or full investment operation, allowing buyers to tailor the asset to their business or investment model.

Located along North Market Street, a well-traveled corridor with strong visibility and access to downtown Wilmington, surrounding residential neighborhoods, and major employment centers, the property benefits from steady traffic counts and neighborhood demand.

Investment Highlights

Mixed-use commercial + residential asset

Operating liquor store with proven multi-year revenue history

Established local brand with long-term goodwill

Liquor license conveyed with sale

Residential unit enhances cash flow and operational flexibility

Suitable for owner-operator or investor ownership

Prime Wilmington location with strong visibility and access

This offering presents a rare opportunity to acquire a stabilized mixed-use property with an operating business, transferable license, and additional residential income, making it well suited for investors seeking durable cash flow or operators looking to own both the business and real estate.