$ 450,000
-
$450,000
Price -
0
Bed -
0
Bath -
4,701
SqFt
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About the Listing COMPASS3 - 3192826
Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmington’s rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Townhome
MLS ®
DENC2101174
Year Built
1960
Total Square Footage
4,701
Lot/Acreage
0.09
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4701
- Below Ground Sq Ft: 0
- Basement: Partial
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 61 x 61
- Zoning: 26R-3
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $8,639
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
109 Stroud St Wilmington, DE 19805
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