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1330 READ St Wilmington, DE 19805

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For Sale
$299,900

Versatile lot ideal for townhomes, condos, or apartments.

Type:Commercial
Added:
Apr 15, 2026
Days on Market:
3
Last Refresh:
Mar 31 at 4:27 am

Property Features for 1330 READ St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1950

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Listing Contact
Yasmin Bowman

Listing agent Yasmin Bowman License #RA-0020276

Listing office Berkshire Hathaway HomeServices PenFed Realty

Listing date Apr 15, 2026

Source Elliman

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 Berkshire Hathaway HomeServices PenFed Realty


Overview

Development Opportunity with City Views

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.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Wilmington
County
New Castle
State
Delaware
Longitude
-75.5670644
Latitude
39.7430827

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.
More about this property
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