109 Stroud St, Wilmington, DE 19805
- $450,000
- 4,701
- SqFt
- List Price
- $450,000
- Days on Market
- 99
- Status
- ACTIVE
- MLS#
- DENC2101174
- Living Area
- 4,701
- Lot Size (Acres)
- 0.09
- Style
- Colonial
- Year Built
- 1960
- County
- New Castle
- School District
- Christina
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.
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Additional Information
- Area
- Wilmington (30906)
- Subdivision
- Wilm
- Taxes
- $8639
- School District
- Christina
- Heating
- None
- Heating Fuel
- None
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of Compass. Contact: 3022029855