
109 Stroud St, Wilmington, DE, 19805
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
Schools
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
