Primary listing photo

109 Stroud St, Wilmington, DE, 19805

0beds
0baths
4,701sqft
$450,000
$96price/sqft
$3,222/moest. monthly cost
$128,880/yrincome needed

About This Home

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.

Getting Around

78
WalkingVery Walkable
50
TransitGood Transit
49
BikeSomewhat Bikeable

Schools

2/10
The Bayard SchoolGrades 1-80.6 mi
1/10
Glasgow High SchoolGrades 9-1211.8 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block
  • Construction materials: Brick

Type & Style

  • Home type: Townhouse
  • Architectural style: Colonial
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Partial

Features

  • Finished area below ground: 0
  • Finished area above ground: 4,701

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 4,701
  • Total interior livable area: 4,701 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 26042.30237
  • Zoning: 26R-3
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 3,920 sqft
  • Lot size dimensions: 61 x 61

Parking

  • Parking features: None