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    336 Heald St Wilmington, DE 19801

    For Sale
    $750,000

    High-yield potential, three-unit building.

    Property size:
    3,460 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property, located at 336 S Heald Street in Wilmington, Delaware's vibrant Southbridge area, presents a compelling investment opportunity. The 3,460 square foot building sits on a 0.03-acre lot and currently features three occupied residential units. The ground floor retail space is currently vacant, offering significant upside potential. Existing architectural plans are available for converting this vacant retail space into two additional residential units, increasing rental income and property value. The building is well-maintained and in good condition, reflecting responsible ownership. This location benefits from the ongoing revitalization of the Southbridge neighborhood, with new construction projects underway nearby and the proximity to the expanding waterfront district. The property's versatility makes it ideal for a business owner seeking retail space combined with rental income or an investor looking to capitalize on the conversion potential and strong rental demand in a rapidly developing area. The asking price is $750,000. This is a rare chance to acquire a well-situated mixed-use property with immediate income and substantial long-term growth prospects.

    Property Features for 336 Heald St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,460 SF
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Castle
    State
    Delaware
    Longitude
    -75.54287
    Latitude
    39.73032

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield potential, three-unit building.
    Where is this mixed-use property located?
    The property is located at 336 Heald St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $750,000.
    (302) 223-5225
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    336 Heald St Wilmington, DE 19801
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    Wilmington, DE 19801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    336 Heald St Wilmington, DE 19801
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