CHARIS REALTY GROUP

Colonial

109 STROUD STREET

WILMINGTON, DE 19805

MLS#: DENC2101174

$450,000

Status: Active
Listing number: DENC2101174
Listing provided by: Compass
Listing agent phone: None
Last update: 21 days ago
On site: 21 days ago
Browse Properties
WILM - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1960

Sq.Footage

4,701

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4701.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.09

  • Lot Size(square feet)

    3920.4

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Colonial

Price

  • Sales Price

    $450,000

  • Tax Amount

    $8,639

  • Sq. Footage

    4, 701

  • Price/SqFt

    $95

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Block

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    237

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

NEW CASTLE

Elementary School

Middle School

High School

Listing Courtesy of Mark Stape , Compass

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Margo Miller

AGENT

Margo Miller

Call Margo today to schedule a private showing.

(301) 524-0999

(340) 913-9339

margo@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

109 STROUD STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Back To Active No Fault of Seller. Quick Delivery New Construction located in the heart of the desirable Ninth Ward! Large three-story townhomes with 4 bedrooms and 3.5 bathrooms. These newly constructed townhomes will boast modern style and amenities, including multi-level living, Open Floor Plan Kitchens with 42" Cabinets, Granite Counter Tops, Stainless Steel Appliances includes; Side by Side Refrigerator, Range, Dishwasher & Microwave, Tiled Baths, upper floor laundry, and 1 car garage plus a Family room on 1st Floor Garage level. Don't pause on being an owner of one of these beautiful new townhomes! Within a few blocks of Pizzeria Metro, community, shopping, local schools and easy access to down town and Interstate 95. Fencing was added to side yard.
#DENC2092908

WILMINGTON

590 W THIRTIETH STREET

4 Beds

3 Baths

2,156 Sq.Ft.

$379,900

MLS#: DENC2092908

Exceptional opportunity to acquire a well-located mixed-use property in Wilmington, Delaware, featuring a long-standing, income-producing commercial business and a spacious residential unit above—ideal for investors, owner-operators, or live-work buyers. The street-level commercial space is home to a well-known, established liquor store brand, named after the original owner of the building and recognized throughout the surrounding area. The business has a documented history of strong performance, generating approximately $400,000–$500,000 in annual gross revenue from 2017–2024, reflecting consistent demand and a loyal customer base. The liquor license is included with the sale, allowing a new owner to continue operations seamlessly under an established name, or reposition the space while retaining the valuable license. Above the commercial space is a large 4-bedroom residential unit, offering the flexibility to live above your business, house a manager, or rent the unit separately for additional income—a powerful advantage for offsetting living expenses or maximizing overall returns. Situated on North Market Street, a high-visibility corridor with convenient access to downtown Wilmington, major employment centers, and surrounding neighborhoods, this property benefits from both traffic exposure and neighborhood stability. Key Highlights: Mixed-use commercial and residential building Established liquor store with strong historical revenue Well-known local brand named after the building’s original owner Liquor license included with sale Residential unit provides live-work or rental income options Prime North Market Street location with excellent visibility This property represents a rare chance to acquire a cash-flowing mixed-use asset with a recognized local business, built-in income, and long-term upside, making it attractive to both seasoned investors and owner-operators seeking stability and flexibility.
#DENC2095798

WILMINGTON

2300 N MARKET STREET

2 Beds

1 Baths

2,187 Sq.Ft.

$465,000

MLS#: DENC2095798

Charming 3 bed / 2 bath Cape Cod with 1,975 sq ft of flexible living space on a quiet, family‑friendly lot. Bright living room with a fireplace, remodeled kitchen and bathroom , dining room, large family room creates comfortable everyday flow, while the generous yard offers space for play and weekend gatherings. First floor main bedroom and two very spacious bedrooms upstairs complete this home. Main roof less than 1 year old. Convenient Wilmington location near schools, parks and commuter routes; ready for personal touches to make it your own.
#DENC2093728

WILMINGTON

13 ALVIL ROAD

3 Beds

2 Baths

1,975 Sq.Ft.

$375,000

MLS#: DENC2093728

Step into Wilmington’s storied past with 703 N West St, a historic apartment building on the National Register of Historic Places since 1979, adjacent to its sister property and representing one of the city’s only surviving pair of 18th-century stone houses with side-hall plans. Constructed around 1760 by the Woodward family as part of their ropemaking enterprise vital to the colonial port’s shipbuilding trade, this three-story, stuccoed stone structure with a brick rear ell retains charming Georgian elements like paneled walls, chair rails, original fireplaces, and a mid-19th-century mantel with Minton tiles. Its L-shaped layout and preserved details, including wide floorboards and central staircase, highlight Quaker influences and early industrial life in Delaware, complete with unverified local lore tying its hearthstone to the Declaration of Independence platform in Philadelphia. This property offers lots of potential for creative redevelopment—whether restoring it as multi-family housing, converting to a single-family residence, or exploring other adaptive uses—while preserving its irreplaceable architectural heritage. Note that it has lost its prior multi-family use over time and would require approval from the zoning board to reinstate apartments or similar configurations. Situated in the heart of Wilmington’s Downtown Development District, this property qualifies for significant incentives to support your vision, including up to 20% rebates on qualified real property investments through Delaware’s Downtown Development Districts Rebate Program. As a National Register-listed site, it’s also eligible for federal historic preservation tax credits (up to 20% for certified rehabilitations) and potential state grants, making it an ideal opportunity for investors or preservation enthusiasts. In rough condition with needs for major renovations, including roof and stucco maintenance, interior updates, and system overhauls, it’s offered as-is, presenting a unique fixer-upper in Quaker Hill surrounded by commercial growth, historic districts, and easy access to downtown. Seize the opportunity to invest in and preserve this architectural gem while benefiting from incentives designed to boost downtown vitality.
#DENC2097704

WILMINGTON

703 N WEST STREET

8 Beds

4 Baths

3,150 Sq.Ft.

$499,900

MLS#: DENC2097704

Beautifully updated and move in ready! Great ranch home with tons of updates. Fresh paint throughout, updated kitchen featuring new granite countertops, custom tile backsplash, stainless appliances, LVP flooring, new carpet, new ceiling fans, new architectural roof, recessed lighting, new fully tiled custom bathrooms with all new matte black fixtures, large addition leading to the to the rear yard, full finished basement, new roof, new driveway and more! Get to this amazing home fast!
#DENC2101124

WILMINGTON

2309 ALISTER DRIVE

4 Beds

2 Baths

1,052 Sq.Ft.

$425,000

MLS#: DENC2101124

This move-in ready, end-unit townhome in Trolley Square offers modern comfort and city convenience. Upon entering, you are greeted by a tiled foyer with access to the attached 1-car garage. The lower level features a family room, a remodeled powder room, laundry area, and access to a private patio with a fenced-in yard perfect for outdoor relaxation. The modern kitchen and dining room level boasts 12' ceilings, new white shaker cabinetry, granite countertops, stainless steel appliances, and sliders to a deck/balcony that overlooks the backyard – perfect for entertaining. The living room on the next level features a brick corner fireplace and new carpeting. The primary suite on the upper level includes a remodeled bath, while the second bedroom and fully renovated hall bath complete this floor. The top level offers a spacious third bedroom with new carpeting, fresh paint, and a large walk-in closet. Don't miss this opportunity to experience modern living in one of Wilmington's most sought-after communities! Property is being sold As Is and inspections are for informational purposes only.
#DENC2098258

WILMINGTON

1301 SHALLCROSS AVENUE

3 Beds

2 Baths

2,134 Sq.Ft.

$499,900

MLS#: DENC2098258

Welcome to 2109 Dombey Road, a well-maintained and spacious ranch home located in the desirable Sheridan Square community. This is one of the largest models built in the neighborhood, offering a rare combination of space, functionality, and setting. The home features three bedrooms and one and a half baths, along with a partially finished lower level that provides additional living space ideal for a family room, home office, or recreation area. A one-car garage adds convenience and additional storage. Recent updates include a new roof, providing added value and peace of mind. The property is ideally situated at the end of a quiet street and backs directly to county parkland, offering a private and scenic setting that is difficult to find. With its size, location, and setting, this home stands out among current offerings in the area. Schedule your showing today.
#DENC2101438

WILMINGTON

2109 DOMBEY ROAD

3 Beds

1 Baths

1,989 Sq.Ft.

$425,000

MLS#: DENC2101438

Welcome to the Ninth Ward! This beautifully designed 4-bedroom, 3.5-bath townhome offers the perfect blend of space, comfort, and modern finishes. Step inside to find luxury vinyl flooring flowing throughout the main living areas, complemented by an open and functional layout ideal for everyday living and entertaining. The kitchen is a standout feature, complete with granite countertops, ample cabinetry, and plenty of prep space. Upstairs, the spacious bedrooms provide flexibility for family, guests, or a home office. The primary suite offers a private retreat with its own en-suite bathroom, designed for comfort and convenience. The home also features a walk-out basement, providing additional living space and easy access to the outdoors—perfect for entertaining, a recreation area, or extra storage. Additional highlights include 6-panel doors throughout, stylish vinyl shutters, attractive stone facing that enhances curb appeal, durable 25-year roof shingles, and the option for recessed lighting to add a modern, customized touch. A one-car garage adds convenience and additional storage. Located in the desirable Ninth Ward, this home offers both charm and accessibility
#DENC2102228

WILMINGTON

420 W 29TH STREET

4 Beds

3 Baths

2,100 Sq.Ft.

$369,900

MLS#: DENC2102228

Welcome to the Ninth Ward! This beautifully designed 4-bedroom, 3.5-bath townhome offers the perfect blend of space, comfort, and modern finishes. Step inside to find luxury vinyl flooring flowing throughout the main living areas, complemented by an open and functional layout ideal for everyday living and entertaining. The kitchen is a standout feature, complete with granite countertops, ample cabinetry, and plenty of prep space. Upstairs, the spacious bedrooms provide flexibility for family, guests, or a home office. The primary suite offers a private retreat with its own en-suite bathroom, designed for comfort and convenience. The home also features a walk-out basement, providing additional living space and easy access to the outdoors—perfect for entertaining, a recreation area, or extra storage. Additional highlights include 6-panel doors throughout, stylish vinyl shutters, attractive stone facing that enhances curb appeal, durable 25-year roof shingles, and the option for recessed lighting to add a modern, customized touch. A one-car garage adds convenience and additional storage. Located in the desirable Ninth Ward, this home offers both charm and accessibility Home is under construction Delivery expected end of summer or early fall 2026
#DENC2102160

WILMINGTON

418 W 29TH STREET

4 Beds

3 Baths

2,100 Sq.Ft.

$369,900

MLS#: DENC2102160

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service