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sales rep | Brivity IDX

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109 Stroud St , Wilmington, DE 19805
$450,000
Est. Payment: $2,460.96/mo
4701 Sqft
0.09 Acres
Status: active | Days on site: 191
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COMPASS3 - 3192826
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Prime redevelopment opportunity in a growing Wilmington corridor. This 4,701 square foot commercial building, originally constructed in 1960, offers significant upside for investors and developers seeking a value-add project. The property requires substantial renovation but presents a strong foundation for repositioning. Zoning and layout may support a residential conversion of 10+ units, with the potential for a higher unit count depending on design and approvals (buyer to verify; variance likely required). The site offers flexibility for those looking to explore ways to maximize density and overall value. Ideal for experienced investors looking to capitalize on Wilmington’s rental demand and redevelopment trends. Property is being sold strictly as-is. Bring your vision and unlock the full potential of this sizable asset.
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Highlights

Listed by Mark Stape , 3022029855 Compass , 3022029855. Bright MLS

Property Type

Townhome
Lot/Acreage
0.09

Year Built

1960

County

New Castle

Area

Wilmington (30906)

 Neighborhood

Wilm

 School District

Christina

Listing ID

DENC2101174

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Interior Features

Above Ground Sq Ft:4701
Basement:Partial
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:61 x 61
Zoning:26R-3
Sewer:Public Sewer
Principal Interest
$2,461
Taxes
$720

Home Price

$450,000

Loan Details

30 yrs
7.271%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,460.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,460.96 $719.92 $0.00 $3,180.88
Yearly $29,531.57 $8,639.00 $0.00 $38,170.57
Total $885,947.20 $259,170.00 $0.00 $1,145,117.20
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Wilmington, DE).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS