Forty Acres Real Estate

Forty Acres Real Estate

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Newest Listings in Forty Acres

1722 N Scott St, Wilmington
$690,000
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:

1722 N Scott St, Wilmington
$690,000
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:

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