Overview
The subject property is a ±17,009 square foot, three-level Class B office building located at 1925 Lovering Avenue in Wilmington, Delaware, within the Wilmington CBD submarket. Originally constructed in 1815 and moved to its current location in 1930, the masonry building has been well maintained and is configured with a typical floor plate of approximately 5,700 square feet, offering functional layouts suited to professional office users. The property is elevator-served and situated on a 0.39-acre parcel.
In 2003, the property was completely renovated down to the support structure, and each floor was purposefully laid out to maximize the usable square feet and eliminate all non-essential interior hallways. It is fully elevator-served, sprinklered and has two high efficiency Weil-McLain boilers, replaced in 2017. It has one 50-ton HVAC unit, replaced in April 2026. The roof is professionally maintained and ongoing maintenance remains responsibility of tenant.
Investment Highlights
In addition to off-street parking, the property has a paved walkway to Kentmere Parkway, which is a non-metered street that abuts public land and has parking for 50+ vehicles. This area is currently used by the firm as overflow parking and for guest parking when hosting large corporate functions.
The building is 100% occupied by Gordon, Fournaris & Mammarella, P.A., a well-established Wilmington law firm that has operated from the property since 2003. The property benefits from Very Walkable (Walk Score® 87) surroundings, proximity to downtown Wilmington amenities, and convenient access to public transportation, including SEPTA Regional Rail and regional roadways connecting to the broader Philadelphia-Camden-Wilmington MSA.
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