226 N WALNUT ST, Wilmington, DE 19801
226 N WALNUT ST, Wilmington, DE 19801
226 N WALNUT ST, Wilmington, DE 19801
226 N WALNUT ST, Wilmington, DE 19801
226 N WALNUT ST, Wilmington, DE 19801
226 N WALNUT ST, Wilmington, DE 19801
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Listed by Nik Patel • Keller Williams Realty Central-Delaware
$ 749,900
Est. payment | /mo

0.83 Acres Lot


Save
$ 749,900
Est. payment | /mo
Save

0.83 Acres Lot

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Subdivision Wilm #20

MLS Listing ID DENC2111058

Year Built 1899

Tax Year 2025

Lot Size 0.830 Acres

Acres 0.83

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

Unique opportunity in the City of Wilmington with approximately 10,000 +/- SF of space and a lot of flexibility for the right buyer. Located at the corner of N Walnut Street and E 3rd Street, the property is currently used as a church with a portion of the building leased to an operating daycare through April 2027.
Historically known as Old Asbury Methodist Church, the property is listed on the National Register of Historic Places and is recognized as the site of Wilmington's first Methodist church.
The second floor is primarily made up of the large sanctuary and assembly area with balcony seating, stage area, stained glass, sound capabilities, offices and additional rooms. The first floor has a large fellowship and gathering area, multiple classrooms and offices, restrooms, a commercial kitchen with service window and several other spaces that can be used depending on the needs of the next owner.
The area off the kitchen also works nicely as a cafe style gathering space for meetings, refreshments, staff, programs or just another place for people to gather. The current cafe furniture will not convey.
What makes the property interesting is that it does not necessarily have to serve just one purpose. The daycare currently occupies a portion of the building and provides rental income, while a large part of the property remains available for the owner to use.
Based on the existing layout and current R 5 B zoning, the property could make sense for another church or religious organization, nonprofit or charitable group, educational program, childcare operator, community organization, cultural organization or similar institutional user. Any buyer should confirm that their specific intended use meets City requirements.
The historic Asbury Methodist Episcopal Church Cemetery is also part of the property. The cemetery is no longer active and is currently maintained by the property owner.
Parking is primarily on street along N Walnut Street and E 3rd Street, with public parking options also available in the downtown area. The location provides good visibility and easy access to downtown Wilmington and public transportation.
Four mini split systems were installed in 2025. The property also has boiler heat, commercial kitchen facilities, multiple electrical service panels, public water and public sewer.
Seller is willing to consider reasonable offers and terms. For the right organization, this is a property that can provide assembly space, classrooms, offices, kitchen facilities, community space and existing rental income all in the same building.
Buyer to verify square footage, zoning, intended use, parking, licensing and property condition.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R5-B

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C, Ductless/Mini-Split

Flooring Hardwood, Partially Carpeted, Wood

Inclusions Fixtures, Equipment

Equipment Some

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Shingle

Street Surface Paved

Accessibility 2+ Access Exits, Level Entry - Main

Road Frontage City/County, State

Garage N

Building

Lot Description Corner

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Christina

Others

Tax ID 26-043.20-104

Ownership Fee Simple

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Sona Seth

+1(856) 313-6150

sona_seth@hotmail.com

204 Creek Road, Laurel, NJ 08054

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226 N WALNUT ST