Commercial Land with Existing
For Sale
$450,000
109 Stroud Street, Wilmington, DE 19805
Commercial land with an existing structure requiring substantial renovation and possible residential redevelopment subject to approvals.
Property Size4,701 SF
Price / SF$95.72
Days on Market133
Property Features for 109 Stroud Street
General Information
Standard status
Active
Size
4,701 SF
Property subtype
Multi-Family / Fee Simple
Zoning
26R-3
Taxes and HOA fees
Annual Taxes
$8,639
Amenities
No
No Pool
Above Grade, Below Grade
Building Details
Year Built
1960
Listing Agency:
Compass
(302) 507-5611
Listed By:
Mark Stape · License #RS-0023956
(302) 507-5611
Source:
Compass
Added: Apr 21
Changed: Aug 29
Last Checked: Aug 31 at 12:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This commercial land property includes an existing 4,701-square-foot building constructed in 1960. The structure requires substantial renovation and is being offered strictly as-is, creating a project centered on rehabilitation or redevelopment rather than immediate occupancy.
A residential conversion has been contemplated at 10+ units, with a higher count potentially achievable through design and approvals. Buyer verification is required, and a variance is likely. Located at 109 Stroud St in Wilmington, Delaware, the property offers a defined redevelopment concept while retaining flexibility for alternative planning approaches.
A residential conversion has been contemplated at 10+ units, with a higher count potentially achievable through design and approvals. Buyer verification is required, and a variance is likely. Located at 109 Stroud St in Wilmington, Delaware, the property offers a defined redevelopment concept while retaining flexibility for alternative planning approaches.
Key Highlights
- 4,701‑square‑foot commercial building on a commercial land parcel
- Existing structure dates to 1960
- Substantial renovation required; property sold strictly as‑is
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 19805, DE
39,985
Population
17,281
Households
2.3
Avg Household Size
35
Median Age
23%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
7,270
Density / Sq Mi
$56,708
Median Household Income
$38,043
Median Earnings
$1,203
Median Rent
$220,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with an existing structure requiring substantial renovation and possible residential redevelopment subject to approvals.
Where is this commercial land located?
The property is located at 109 Stroud Street Wilmington, DE.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,701‑square‑foot commercial building on a commercial land parcel; Existing structure dates to 1960; Substantial renovation required; property sold strictly as‑is
