The club was founded by employees of former "Mercado del Plata", a popular market of Buenos Aires established in 1856 which sold and distributed fruits and vegetables, among other goods.

The club affiliated to the Argentine Football Association and started to play at the third division (current Primera C) in 1915 staying there until 1918,[1] it then promoted to second division (then called "División Intermedia") finally reaching the Primera División in 1920.

[3] One year later Del Plata made its best campaign in Primera, finishing 2nd after champion Huracán with 12 wins and only 2 losses within 18 games played.

Del Plata was dissolved in 1947, although the institution would be re-established in the 1960s, remaining active until the decade of the 1990s when it was definitely closed.

[5] Del Plata's first jersey was a white and light blue vertical stripes (similar to Racing Club de Avellaneda) which was worn until 1922 then the club adopted the half blue and white that would be its distinctive colors until its dissolution during the 1990s.