109 STROUD ST, Wilmington, DE 19805
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Cathy Hartman

Cathy Hartman

+1(856) 630-4750
Listed by Mark Stape • Compass
$ 450,000
Est. payment /mo
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109 STROUD ST Wilmington, DE 19805

4,701 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,701 sqft

Price per Sqft $95

MLS Listing ID DENC2101236

Style Colonial

Abv Grd Liv Area 4,701

Year Built 1960

Annual Tax Amount $8,639

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 61.00 x 61.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

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.

Location

State DE

County New Castle

Area Wilmington (30906)

Zoning 26R-3

Interior

Hot Water Natural Gas

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 4701

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Christina

Others

Tax ID 26-042.30-237

Ownership Fee Simple

SqFt Source 4701

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Cathy Hartman

Cathy Hartman

Agent | License ID: 0673471

+1(856) 630-4750

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109 STROUD ST