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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.
Full Property Details
Full Property Details for 1220 Old Lancaster Pike
General
- Price: $3,900,000
- Taxes: $55,307 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: DENC2102436
- Updated: 5/5/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant/Bar, Other, Professional
Parking
- Total Spaces: 240
- Parking Features: Handicap Parking, Paved Parking, Unassigned
- Parking Type: Parking Lot
Location
- Area: Hockssn/Greenvl/Centrvl (30902)
- County: NEW CASTLE
- Cross Streets: 4009 Heather Dr
- Driving Directions: Route 48 (Lancaster Pike) to the heart of Hockessin, then left on Yorklyn Rd, then quick left on Old Lancaster Pike to subject on the left.
- Location Details: Suburban
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Roof: Architectural Shingle
- # Loading Docks: 1
- Building Size: 51700
- Year Built: 1965
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 6.13
- Lot Size (Sq. Ft.): 267,023
- Lot Size Source: Assessor
- Lot Dimensions: 166.60 x 356.40
- Zoning: CN
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $75.44
- Assessment Year: 2025
- School Tax: $44,939
- City/TownTax Freq: Annually
- County Tax: $10,368
- County Tax Freq: Annually
- Tax w/Assessment: $4,267,100
- Tax Amount: $55,307
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 64
Listed by Pantano Real Estate Inc, Paul M Pantano
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Schools
Schools serving 1220 Old Lancaster Pike
School District:Red Clay Consolidated School District
| Name | Grades | Distance |
|---|---|---|
Brandywine Springs School 2916 Duncan Road, Wilmington, DE 19808 | K-8 | 3.6 mi |
duPont (H.B.) Middle School 735 Meeting House Road, Hockessin, DE 19707 | 6-8 | 1 mi |
duPont (Alexis I.) High School 50 Hillside Road, Wilmington, DE 19807 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Old Lancaster Pike
Date
Details
Price
Change
Source
5/05/2026
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 Old Lancaster Pike
Year
Property Taxes
Change
Tax Assessment
Change
2025
$55,308
-1%
$4,267,100
182%
2024
$55,867
12%
$1,512,000
—
2023
$49,893
—
$1,512,000
—
2022
$49,871
—
$1,512,000
—
2021
$49,866
—
$1,512,000
—
2020
$50,028
3%
$1,512,000
—
2017
$48,360
5%
$1,512,000
—
2016
$46,186
-8%
$1,512,000
—
2019
$49,952
15%
$1,512,000
—
2015
$43,276
8%
$1,512,000
—
2014
$40,048
1%
$1,512,000
—
2013
$39,525
—
$1,512,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 Old Lancaster Pike
1220 Old Lancaster Pike, Hockessin, DE 19707 (MLS# DENC2102436) is a Commercial Service property. 1220 Old Lancaster Pike is currently listed for $3,900,000 and was received on May 05, 2026. Want to learn more about 1220 Old Lancaster Pike? Do you have questions about finding other Commercial Service real estate for sale in Hockessin? You can browse all Hockessin real estate or contact a Coldwell Banker agent to request more information.

