1324 N King Street
1324 N King Street,
Wilmington, DE 19801
Downtown Wilmington Office Building for Sale
$160,000
Price
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$160,000
Price
Property Description
1324 N King Street presents a unique opportunity to acquire a professionally designed office building in the heart of Downtown Wilmington’s business district. This ±1,600 SF property offers a functional three-level layout including a welcoming reception area, multiple private offices, conference room, kitchenette, and private restrooms.
Positioned along the highly visible N. King Street corridor, the property is surrounded by Wilmington’s legal, financial, and government offices, with close proximity to Rodney Square, the New Castle County Courthouse, and major corporate employers. The location provides convenient access to I-95, Route 202, and the Wilmington Train Station.
The building combines historic Downtown Wilmington character with practical office functionality, offering strong street presence, signage opportunities, and walkability to nearby restaurants and amenities—ideal for attorneys, consultants, or boutique office users.
Strategic Market Insights
Barrier to Entry: Historic Core Location: Opportunities to acquire fee-simple buildings in Downtown Wilmington are extremely limited, especially on N. King Street, where inventory is tightly held
Owner-User Play: Ideal for a professional user to stop paying rent and build equity in a central business district location, particularly compelling for attorneys, consultants, therapists, etc.
Walkability = Tenant Retention + Premium Appeal: Steps from restaurants, banks, courthouses, and corporate offices which enhances employee experience and long-term tenant desirability
Rare Opportunity to Acquire a Small Standalone Office in Downtown Wilmington: Limited supply of 1,000–2,000 SF standalone buildings downtown which is a highly desirable niche size for small firms
Strong Identity / Branding Opportunity: Standalone building presence on King Street which allows for signage + branding that tenants can’t get in larger office buildings
FOR MORE DETAILS CONTACT
Ryan Bree
(302) 283-1800
rbree@dsmre.com
Davis Mitchell
(302) 283-1800
dmitchell@dsmre.com
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