Property photo 1
0 Beds
0 Baths
4,701 sqft

$450,000

109 STROUD STREET, WILMINGTON DE, 19805

Price per sqft$95.72
Built in1960
Property size4,701 sqft
Property typeTownhomes

Overview

Active

Active-bright

Listed Apr 22, 2026

Updated 7 days ago

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.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DENC2101174

Interior Features

Bedrooms
0
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$8,639
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Compass
Listing Contact: 3022029855 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/1/2026 at 11:39 PM UTC

 

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