Overview
Prime Redevelopment Opportunity in Wilmington
This property presents a prime redevelopment opportunity in the heart of Brandywine Hundred, suitable for user/owners, developers, or investors. It offers excellent visibility at the intersection of Silverside and Marsh Roads, near Branmar Plaza and Shoppes of Graylyn. The location is ideal for retail, office, or a combination of both. The building features large open spaces, offices, dedicated parking, and easy access to Routes 202, 92, 3, and I-95, as well as the Delaware/Pennsylvania state line. The property is surrounded by popular national brands and services. The lot measures approximately 90 feet wide by 124 feet deep and includes paved parking in the front and rear. A Conceptual Development Plan (CDP) is available, suggesting a potential expansion to 6,000 square feet with over 21 parking spaces. The property is located steps from Starbucks, Einstein Bros, Dunkin', Kid Shelleen's, El Diablo Burritos, multiple banks, grocery stores, and other dining options. A new LIDL grocery store and Chase Bank are opening nearby. The Brandywine Hundred community exhibits strong demographics, with a population of 9,413 within a 1-mile radius and 81,199 within a 3-mile radius. There are 3,738 households within 1 mile and 33,391 within 3 miles. The median age within 1 mile is 49. The median household income is $130,498 within 1 mile and $108,030 within 2 miles. Daytime employment figures are 3,094 within 1 mile and 42,522 within 2 miles. The property is being sold "AS IS," and the seller will not be making any repairs.