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Property profile & analytics
OFF-MARKET
Retail residential properties

336 Heald St Wilmington, DE 19801-5478

1,450 SF 0.03 ac lot Built 1920
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US17-0272591
Property summary
AI-generated overview

This exceptional mixed-use property, located at 336 S Heald Street in Wilmington, Delaware's vibrant Southbridge area, presents a compelling investment opportunity. The 3,460 square foot building sits on a 0.03-acre lot and currently features three occupied residential units. The ground floor retail space is currently vacant, offering significant upside potential. Existing architectural plans are available for converting this vacant retail space into two additional residential units, increasing rental income and property value. The building is well-maintained and in good condition, reflecting responsible ownership. This location benefits from the ongoing revitalization of the Southbridge neighborhood, with new construction projects underway nearby and the proximity to the expanding waterfront district. The property's versatility makes it ideal for a business owner seeking retail space combined with rental income or an investor looking to capitalize on the conversion potential and strong rental demand in a rapidly developing area. The asking price is $750,000. This is a rare chance to acquire a well-situated mixed-use property with immediate income and substantial long-term growth prospects.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1920
Construction CONCRETE
Total area 1,450 SF
Lot 0.03 ac (1,307 SF)
Zoning code 26R-3
APN 26-051.30-106
UPID US17-0272591
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Charles E Smith · 19 yrs held
Charles E Smith
since 2006
5 recorded transactions
2006
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
26R-3 · Wilmington, DE
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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