Change Real Estate Presents:

109 Stroud Street
Wilmington DE 19805

For Sale: $450,000.00 Active

List Date: 2026-04-22

Wilmington
4,701 build ft2
3,920.400 land ft2

About This Property

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.

Listing Agent: Mark Stape. Compass 302-202-9855 mark.stape@compass.com

Property Features

Location Information
County:
Subdivision: WILM
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Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: None
Heating: None
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1960
Legal Subdivision: Wilmington
Subdivision Name: Wilm
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Mark Stape. Compass 302-202-9855 mark.stape@compass.com

Property Photos [Click to enlarge]

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