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Unique Mixed-Use Investment Opportunity in Wilmington! Prominently positioned at the signalized intersection of South Jackson Street and Lancaster Avenue, this three-story corner property offers excellent visibility and flexible live/work or income-producing potential. The first floor features commercial storefront space previously operated as a grocery store, deli and convenience market, along with a half bathroom. Existing store equipment is included with the sale. Above the commercial space is a spacious two-level residential unit offering four bedrooms and two full bathrooms. The second floor includes two bedrooms, a full bathroom, kitchen and dining area, while the third floor provides two additional bedrooms, another full bathroom and a sitting room. A full basement offers additional storage and is equipped with Bilco-door emergency access. Conveniently located near downtown Wilmington, the Riverfront, neighborhood shopping, public transportation and Interstate 95, the property presents an attractive opportunity for an owner-occupant, entrepreneur or investor. Operate a business below while living above or explore the property's commercial and residential income potential. Property use, zoning, licensing, permits and occupancy requirements must be independently verified with the City of Wilmington. Commercial permit has expired and must be reapplied for. Property and included equipment are being sold in their present condition. Photos have been digitally enhanced.

Property Details of 1 S Jackson Street

Property Details

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Listed by Saeed Shakhshir of Patterson-Schwartz-Hockessin

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Bryce Lingo & Shaun Tull Team participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 29, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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