Property Type:
Comm Sale or Lease
Square Footage:
12,653
Lot Size (sq. ft.):
40,946
Status:
Active
Current Price:
$3,995,000
List Date:
4/22/2026
Last Modified:
7/31/2026
Overview
Description
Rare multi-parcel offering in Wilmington's Brooklyn Arts District. This 0.94 acre with 12,650 sq.ft.+ Industrial Warehouse assemblage at 711 N 5th Ave. and N. 4th St. includes five contiguous parcels currently operating as ACME Art Studios, a well-known creative hub. Positioned in the Central Business District, the property is ideally suited for infill redevelopment consistent with the City's vision for higher-density, walkable mixed-use environments. Surrounded by ongoing revitalization, local businesses, and cultural venues, this site offers strong potential for residential, live/work, or mixed-use development in one of downtown's fastest-growing districts.
Last Updated: July - 31 - 2026
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