BEDS0
BATHS
SQUARE FEET4,701
MLS#DENC2101236
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCHRISTINA
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: None
Heating: None
Home Style: Colonial
Lot Size: 0.09 Acres
Taxes: $8,639
Year Built: 1960
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 4
Exterior: Brick
Lot Dimensions: 0.09 Acre(S)
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Total Garage/Parking Spaces: 0
Units: 1
Water: Public
Local Schools
School District: CHRISTINA
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 3022029855
Shown By
Agency Title: Maverick Realty, LLC
Agency Phone: (302) 365-8297
Estimate Your Payment
Estimated Payment
$ 1,852.67 per month $1,001.50 Principal & Interest $719.92 Property Tax $131.25 Homeowner's Insurance
109 Stroud Street | MLS# DENC2101236
This multi-family property located at 109 Stroud Street, Wilmington, DE 19805 is currently listed for sale with an asking price of $450,000. Stroud Street is located within the CHRISTINA school district. Search Wilmington real estate on www.maverickrealtyusa.com today.