Forty Acres Real Estate

Welcome to 1721 Gilpin Avenue, a charming brick townhome situated in the heart of Wilmington’s highly desirable Trolley Square neighborhood. Offering a wonderful blend of historic character, thoughtful updates, comfortable living spaces, and exceptional walkability, this home presents an opportunity to enjoy one of the city’s most vibrant locations. An inviting covered front porch welcomes you inside, where hardwood floors and an abundance of natural light create a warm and welcoming atmosphere. The main level features a spacious living and dining area that flows into the kitchen, complete with a new appliance package installed in 2025 and an additional breakfast area for casual dining. Upstairs, you’ll find two generously sized bedrooms, each offering ample closet space, along with a beautifully remodeled full bathroom completed in 2023. The third-floor loft provides a versatile additional living area, ideal for a home office, guest space, or private retreat, featuring custom built-ins and additional closet storage, with direct access to an elevated outdoor deck. Additional interior improvements include updated carpeting on the stairs and upper levels, along with refreshed paint throughout the home. Outside, the fenced rear yard offers a private setting for entertaining, gardening, or simply relaxing outdoors. Recent exterior improvements include updated landscaping and lighting, as well as a freshly painted exterior in 2025. Whether enjoying your morning coffee on the front porch or unwinding on the upper-level deck, the home provides multiple spaces to enjoy both indoors and out. Located just steps from the restaurants, coffee shops, shopping, and nightlife of Trolley Square, and only a short walk to the scenic trails and green spaces of Brandywine Park, this property offers the perfect combination of neighborhood charm and city convenience. With easy access to downtown Wilmington, major commuter routes, and everything the surrounding area has to offer, 1721 Gilpin Avenue is a wonderful place to call home.

1721 Gilpin Ave, Wilmington

Listing courtesy of Compass. Contact:

$630,000

2 Beds ⋅ 2 Baths

A rare chance to own a true piece of Wilmington history. Since 1967, Angelo's Luncheonette has anchored the corner of 1722 N Scott St, passed down through three generations and nearly six decades of continuous operation. It's the kind of neighborhood institution that can't be manufactured — built one regular customer, one family recipe, one generation at a time. This mixed-use building offers a turnkey business, a residential unit, and real estate in one of Wilmington's most walkable, beloved neighborhoods, with commercial space on the first floor and an apartment on the second providing two separate income streams under one roof. The luncheonette currently operates on a limited Monday-through-Friday schedule, with evenings and weekends currently closed. Upstairs, a 2-bedroom, 1-bath apartment is currently leased below market rate. Continue the business as-is or reimagine the commercial space for a new concept — the flexible layout and prime corner location make it well-suited to a range of uses, from food service to retail to professional use. Whether you're an owner-occupant looking to live and work in one of Wilmington's most desirable pockets, a restaurateur ready to carry forward an established name, an entrepreneur with a vision for something new, or an investor drawn to a mixed-use asset, this property offers real estate, an operating business, and a rare generational story all in one address. Opportunities like this — a true Wilmington landmark with room to make it your own — rarely come to market. Schedule your showing today.

1722 N Scott St, Wilmington

Listing courtesy of Foraker Realty Co.. Contact:

$630,000

A rare chance to own a true piece of Wilmington history. Since 1967, Angelo's Luncheonette has anchored the corner of 1722 N Scott St, passed down through three generations and nearly six decades of continuous operation. It's the kind of neighborhood institution that can't be manufactured — built one regular customer, one family recipe, one generation at a time. This mixed-use building offers a turnkey business, a residential unit, and real estate in one of Wilmington's most walkable, beloved neighborhoods, with commercial space on the first floor and an apartment on the second providing two separate income streams under one roof. The luncheonette currently operates on a limited Monday-through-Friday schedule, with evenings and weekends currently closed. Upstairs, a 2-bedroom, 1-bath apartment is currently leased below market rate. Continue the business as-is or reimagine the commercial space for a new concept — the flexible layout and prime corner location make it well-suited to a range of uses, from food service to retail to professional use. Whether you're an owner-occupant looking to live and work in one of Wilmington's most desirable pockets, a restaurateur ready to carry forward an established name, an entrepreneur with a vision for something new, or an investor drawn to a mixed-use asset, this property offers real estate, an operating business, and a rare generational story all in one address. Opportunities like this — a true Wilmington landmark with room to make it your own — rarely come to market. Schedule your showing today.

1722 N Scott St, Wilmington

Listing courtesy of Foraker Realty Co.. Contact:

$1,350,000

Trolley Square/Forth Acres mixed use with OFF STREET PARKING! Prime mixed-use assemblage of adjacent properties, located in the highly sought-after Trolley Square/Forty Acres! This rare offering includes three buildings, on-site parking, and additional off-site parking nearby—an exceptional advantage in this vibrant urban neighborhood. The newer structure (1719) is a purpose-built office building featuring four levels of well-designed workspace (including a lower level). 1721 and 1732 offer long-standing retail tenancy, salon use, and a residential dwelling unit, creating a diversified and resilient income stream. With stable income in place and a strong tenant mix, this choice property provides an excellent opportunity to diversify across multiple use types while securing a foothold in one of Wilmington’s premier submarkets. A must see for investors seeking diversification, quality location, and long-term stability. Income and expenses available upon request. Located in the Forty Acres Neighborhood Conservation District a designation by the City of Wilmington.

1719-23 Delaware Ave, Wilmington

Listing courtesy of Pantano Real Estate Inc. Contact:

Forty Acres Real Estate

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