$699,000

Welcome to 1600 Philadelphia Pike, an expansive, multi-faceted property offering over 4,000 sq ft of flexible living, work, and income-generating possibilities. Situated on a prominent corner lot in Wilmington's Holly Oak corridor, this unique gem delivers classic architectural charm paired with modern functional spaces while generating substantial cash flow. Inquire within for full detailed financial breakdown, current total monthly rent for the three units is $8,500.00. The Main Residence Expansive Layout: 5 generous bedrooms, two full bathrooms and bright, airy living spaces featuring warm hardwood and laminate flooring throughout. One year lease in place. Upgraded Kitchen: Built for functionality with substantial cabinetry, butcher-block counters, stainless steel appliances, and ample workspace. Indoor-Outdoor Flow: Enjoy morning coffee or unwind in the three-season sunroom overlooking the grounds. Commercial space and third floor apartment Versatile Commercial / Studio Space: Historic charm abounds with soaring exposed beam ceilings and direct street visibility-perfect for a boutique storefront, private creative studio, professional office, or showroom. Currently leased on a multi year lease to a print shop. Upper-Level Apartment: Features a self-contained layout with an updated, stylish full bath and kitchen, ideal for steady rental revenue, an au pair suite, or multi-generational living. Outdoor Grounds & Parking Spacious Fully-Fenced Lot: Private backyard retreat complete with a designated fire pit lounge area, mature trees, and storage outbuildings. Substantial Parking: Rare dedicated off-street parking capacity with an expansive multi-car driveway, making commercial client visits or multi-tenant parking effortless. 8 parking spots for commercial space. 6 additional parking spaces for tenants. Location & Commute Conveniently located along the Philadelphia Pike corridor with rapid access to I-95, I-495, and the Claymont train station, offering an easy commute north to Philadelphia , Philadelphia International Airport or south into Center City Wilmington.