1501 N WALNUT STREETWILMINGTON, DE 19801

Commercial · 7,620 Sq. ft. | 0.19 Acres
$1,100,000 ACTIVE

1501 N WALNUT STREET Overview

Time on Site:
114 days
Visits:
20

1501 N Walnut St, Wilmington, DE 19801-3177 presents an outstanding opportunity to purchase a fully renovated two-story office building in a prime Wilmington location just five blocks from Rodney Square and only steps from the Brandywine River. This handsome masonry and brick-constructed property offers flexibility, visibility, and long-term value for an owner-user, investor, or growing company seeking a strong business address with adaptable space. The building is well-suited for a company that wants to control its future through ownership while also benefiting from the option to lease additional space for supplemental income. It is also an excellent fit for investors looking for a multi-suite office asset with strong usability and layout flexibility. The property is mechanically divided into 4 suites and offers the potential for even more flexible suite arrangements depending on operational needs and future planning. The first floor features a large office suite ideal for a main headquarters, a professional services firm, a medical-related office, administrative operations, or client-facing business. A customizable area at the rear provides added functionality for files, equipment, inventory, or operational support. The second level includes 2 suites with the possibility of a 3rd suite configuration, creating strong potential for multi-tenant occupancy, departmental separation, or a live expansion strategy for future growth. There is also possible flexibility for additional suite division on the main level. Each floor includes one men's bathroom and one women's bathroom, offering convenience for staff and visitors. The spacious office layout, conference room potential, and multiple private office areas make this property especially attractive for professional users seeking a move-in-ready environment that supports both daily operations and long-term growth. The building's solid construction and practical floor plan create a professional setting that can accommodate a range of business types. An additional value-add feature is the parking at the rear of the building, which could further improve convenience and utility for occupants and guests. Whether you are a business owner looking to establish a flagship location, a company seeking room to expand, or an investor seeking a well-located commercial building with multiple occupancy options, 1501 N Walnut St delivers on location, flexibility, and upside in one compelling package. Book your private tour today.

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1501 N WALNUT STREET Facts & Features

  • Type Commercial
  • Sq. ft. 7,620
  • Price/Sq.ft. $144
  • Lot 0.19 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1918

Business Information

  • Business Type: Institutional,Medical,Professional,School,Other,Flex

Location/Region

  • Country: US
  • County: NEW CASTLE
  • County Or Parish: NEW CASTLE
  • In City Limits: Yes
  • MLS Area Major: Wilmington (30906)
  • Subdivision Name: WILM #09

Parking Information

  • Total Parking Spaces: 14
  • Type of Parking: Other,Parking Lot,On Street

Tax Information

  • City/Town Tax: 2313.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 259.00
  • County Tax Payment Frequency: Annually
  • School Tax: 3345.00
  • Tax Annual Amount: $5,917.00
  • Tax Assessed Value: 396900.00
  • Tax Year: 2025

General Information

  • Property Condition: Excellent
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • School District Name: CHRISTINA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: 26W4

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric,Natural Gas
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 7620.00
  • Central Air: No
  • Elevators Count: 0
  • Hot Water: None

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: None
  • Door Features: Double Entry
  • Flooring: Carpet, Vinyl, Wood
  • Security Features: Exterior Cameras,Electric Alarm,Main Entrance Lock
  • Stories Total: 2

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Fenced, Paved Parking, Private

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Lot Size Acres: 0.19
  • Lot Size Dimensions: 166.10 x 60.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 8276.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Brick, Mixed Plumbing, Stone
  • Roof: Flat, Pitched

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Utilities: Cable TV Available,Electric Available,Natural Gas Available,Sewer Available,Water Available
  • Water Access: No

1501 N WALNUT STREET Neighborhood

Community

19801 (WILMINGTON) Demographics

33
Median Age
3,370
Population Density (per sq. mile)
23%
College Educated
$33,410
Estimated Median Income
1,970
Estimated Total Home Owners
5,061
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1501 N WALNUT STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1501 N WALNUT STREET Market Data

Based on the last 30 days in this zip code

$272,294
Average List Price
$183
Average Price per Square Foot
17
Properties Sold
86
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

1501 N WALNUT STREET History

Date Event Value Agent
3/8/2026Source: BRIGHT MLS Status Change
ACTIVE
3/7/2026Source: BRIGHT MLS Added to Database
March 07, 2026
Listing provided courtesy of EXP Realty, LLC- MLS# DENC2098184MLS ProviderContact Information: [email protected] - 8885434829