1330 READ St Wilmington, DE 19805

Building Details

Year Built

1950

Listing Agency Berkshire Hathaway HomeServices PenFed Realty y***@bowmanrealestatellc.com Show Phone

Listed by Yasmin Bowman · License #RA-0020276 Show Phone

Source Elliman

Added: Apr 15 Checked: Jul 17 at 2:55 am

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Investment Insights

Based on property information with market context.

This versatile, open lot presents an exceptional development opportunity, suitable for constructing three contiguous townhomes or condos, developing a multi-family apartment building, or continuing its current use as income-producing garages and storage units. The property includes five garages, with two double-wide units, and a small front office/storage area equipped with a toilet and sink. A secure front gate provides controlled access to the site. Recent improvements include a new roof and updated gutters. The property benefits from an attractive hilltop vantage point with views overlooking the city. The location is considered very walkable with a walk score of 86, bikeable with a bike score of 53, and has good transit with a transit score of 58. Buyers are encouraged to conduct their own due diligence regarding zoning, development feasibility, and potential uses.

Key Highlights

• Versatile, open lot suitable for townhomes, condos, apartments, or continued use as income‑producing garages/storage.
• Five garages, including two double‑wide units, providing immediate income potential or development flexibility.
• Small front office/storage area with toilet and sink enhances functionality.

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FAQs

What type of property is this?

Commercial land - Versatile lot ideal for townhomes, condos, or apartments.

Where is this commercial land located?

The property is located at 1330 READ St Wilmington, DE.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Versatile, open lot suitable for townhomes, condos, apartments, or continued use as income‑producing garages/storage.; Five garages, including two double‑wide units, providing immediate income potential or development flexibility.; Small front office/storage area with toilet and sink enhances functionality.