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$450,000
 $2,416 est/mo Sourced by Back At You

109 Stroud St,WILMINGTON, DE 19805

WILMINGTON, DE 19805

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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.

Details

MLS #DENC2101174
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site145
Listing Provided ByCompass | Mark Stape

Features

SQ Feet4,701
BasementY
Story(s)2
Zoning26R-3
Acreage0.09

Interior

CoolingNone
Heating Yes / NoYes
HeatingNone

Exterior

Construction MaterialsBrick
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount8639

Area Information

StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19805
AreaWilmington (30906)
Community NameWILM
School DistrictCHRISTINA
Listing VS Median (in WILM)
Price:
$450,000
low | high
Med:
$239,000
96.888888888889% of Average
sqft:
4,701
low | high
Med:
1,075
100% of Average
$ / sqft:
$96
low | high
Med:
$222
82.256124031008% of Average
On site:
145
low | high
Med:
98
100% of Average
Sourced by Back At You

Market Activity 19805

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Additional Information

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StateDE
CountyNEW CASTLE DE
CityWILMINGTON
Zip Code19805
AreaWilmington (30906)
Community NameWILM
School DistrictCHRISTINA
Listing VS Median (in WILM)
Price:
$450,000
low | high
Med:
$239,000
96.888888888889% of Average
sqft:
4,701
low | high
Med:
1,075
100% of Average
$ / sqft:
$96
low | high
Med:
$222
82.256124031008% of Average
On site:
145
low | high
Med:
98
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $337K - $562K
sqft: 3,500 - 5,500
Nearby Listings Property ImageNearby Listings Details
109 STROUD ST Property Photo 1
$450,000
109 Stroud St
Wilmington, DE 19805
Listing Updated: September 9, 2026 at 12:22:32 PM PDT

Selea Andrews - Coachman Properties