1220 OLD LANCASTER PIKE, Hockessin, DE 19707
1220 OLD LANCASTER PIKE, Hockessin, DE 19707
1220 OLD LANCASTER PIKE, Hockessin, DE 19707
1220 OLD LANCASTER PIKE, Hockessin, DE 19707
1220 OLD LANCASTER PIKE, Hockessin, DE 19707
1220 OLD LANCASTER PIKE, Hockessin, DE 19707
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Listed by Paul Pantano • Pantano Real Estate Inc
$ 3,900,000
Est. payment | /mo

6.13 Acres Lot


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$ 3,900,000
Est. payment | /mo
Save

6.13 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID DENC2102436

Year Built 1965

Annual Tax Amount $55,307

Tax Year 2025

Lot Size 6.130 Acres

Acres 6.13

Lot Dimensions 166.60 x 356.40

Property Sub-Type Retail

Source BRIGHT

Property Description

Hockessin Corner presents a rare opportunity to acquire a well-established, multi-tenant neighborhood retail shopping center located in the heart of the affluent Hockessin marketplace in northern Delaware. The property consists of both inline and free-standing buildings summing to approximately 51,700 gross square feet of village-style retail with abundant surface parking.
Anchored by long-standing tenants including Back Burner, Casual Marketplace, and Jennifer's Bridal, the center benefits from a complementary mix of service-oriented retailers that generate consistent local traffic and reinforce its position as a true community destination. The property is currently approximately 80% occupied with a weighted average remaining lease term of 4.8+- years, providing investors with in-place and providing future leasing opportunity. Recent tenant renewals underscore tenant commitment and confidence in the center's vibrancy.
Situated on a 6.13-acre site, Hockessin Corner is a rare opportunity in an increasingly supply constrained marketplace. Existing vacancy creates an immediate value-add opportunity through leasing, repositioning, or owner-user occupancy.
The buildings are fully sprinklered and supported by public water and sewer, with select gas service. Commercial Neighborhood (CN) zoning with HomeTown (HT) Overlay permits a broad range of commercial uses, providing flexibility for future leasing or adaptive reuse.
Strategically located within one of northern Delaware's most affluent and supply-constrained trade areas, Hockessin Corner draws from the high-income residential communities of Hockessin, Greenville, Kennett Square, Chadds Ford, and Avondale. The surrounding market is characterized by strong household incomes, high rates of owner occupancy, and long-term residential stability, supporting durable retail demand.

Location

State DE

County New Castle

Area Hockssn/Greenvl/Centrvl (30902)

Zoning CN

Interior

Hot Water Other

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 240.0

Water Access N

Roof Type Architectural Shingle

Accessibility Other

Total Parking Spaces 240

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 08-007.40-064

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Sherine Monir

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(202) 536-4043

sherine@smdg-llc.com

1313 14th St NW, Washington, DC, 20005, USA

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1220 OLD LANCASTER PIKE