William Penn House – Historic New Castle

$ 475,000
Submitted:
Last Updated:
Contact Agent
Contact nameGreg Ellis, CCIM
Contact phone302-622-3534
Year built1682
TypeCommercial
StatusMove-in Ready

Description

The William Penn House is a quaint, circa 1682 property located in Historic New Castle, Delaware. It is one of the oldest buildings in Delaware and legend has it that William Penn spent his first night in the New World in this building when he landed in New Castle on October 27, 1682. Between 1670 and 1683, Peter Alrich owned a lot in New Castle on Wood (today Delaware Street), where the William Penn House stands. The core portion was probably erected at this time. The residence on the property was constructed in as many as six different periods, with the first period being built circa 1670-1683. Peter Alrich was a New Castle Magistrate, and was appointed to that position by William Penn.

The property consists of two buildings – a two-story brick building and a multi-use building directly behind. Currently, the buildings are used as entertaining and retail spaces, including a coffee shop and an indoor/outdoor entertaining space. The property has previously been used as a bed and breakfast.

The sale includes the real estate, the existing coffee cafe business, and excess space to expand the cafe or lease for retail or office use or convert to residential.

Historic New Castle is home to several Delaware landmarks, local artisan shops and restaurants, and charming buildings rich with history. There are nine designated historical buildings. Most recently, the George Read II House was designated as a National Landmark. The William Penn House sits directly across from the historic New Castle Court House, where on June 15, 1776, a unanimous vote was taken to separate from Great Britain. The Court House is also the site of Delaware’s First State Historic National Park.

Visitors to Historic New Castle can enjoy colonial fare at Jessop’s Tavern or experience a night in the French Quarter of New Orleans at Nora Lees, just two of the unique restaurants in the area. There are several shops run by local artists and craftsmen, including 2nd Act Antiques, MozArt Gallery, Bridgewater Jewelers, and Hedge Apple Antiques. Visitors can take a scenic stroll in Battery Park as they walk along the Delaware River, or sit n a park bench and enjoy the views. In the Summer, visitors can attend several events, including free concerts in the park, an annual Colonial BBQ competition, and patriotic events like Separation Day.

Size: 3,040 SF total (2 buildings)
Zoning: HC – Historic Commerce – City of New Castle

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