CHARIS REALTY GROUP

Colonial

109 STROUD STREET

WILMINGTON, DE 19805

MLS#: DENC2101174

$450,000

Status: Active
Listing number: DENC2101174
Listing provided by: Compass
Listing agent phone: None
Last update: 4 months ago
On site: 4 months ago
Browse Properties
WILM - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

4,701

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4701.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Lot Size(square feet)

    3,920

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Colonial

Price

  • Sales Price

    $450,000

  • Tax Amount

    $8,639

  • Financing Options

    Cash

  • Sq. Footage

    4,701

  • Price/SqFt

    $95

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    237

  • Water Source

    Public

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Location

County

NEW CASTLE

Elementary School

Middle School

High School

Listing Courtesy of Mark Stape, Compass

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Agent Sharon Lelm

AGENT

Sharon Lelm

Call Sharon today to schedule a private showing.

(301) 676-4031

realtorsharonlelm@gmail.com


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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.

109 STROUD STREET

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