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    336 S Heald St Wilmington, DE 19801

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    For Sale
    $499,000

    Multi-tenant building in good condition with redevelopment potential.

    Lot size:
    0.03 Acres

    Property Features for 336 S Heald St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1900

    Source: Gioffre Commerical Realty LLC Agent Patrick Gioffre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Building in Southbridge Area

    This multi-tenant building is located in the Southbridge area of Wilmington. The building has been maintained and is in good condition. Currently, three units are rented, while the first-floor retail unit is vacant. There is a drawing available to convert the vacant retail space into two additional apartments. This property could suit a business owner who could utilize the retail space or an investor looking to create value by leasing the retail space or converting it into apartments. New construction is underway in the surrounding area, and the waterfront district is expanding towards this end of A Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -75.5428751
    Latitude
    39.730325

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenant building in good condition with redevelopment potential.
    Where is this mixed-use property located?
    The property is located at 336 S Heald St Wilmington, DE.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Multi-tenant building in Wilmington's Southbridge area.; - Opportunity to convert vacant retail space into two additional apartments (drawing available).; - Potential for business owner to utilize retail space.
    (302) 223-5225
    Request Owner's contact information
    336 S 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 S Heald St Wilmington, DE 19801
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