Mixed Use - Vandever Assemblage FOR SALE


Wilmington, DE
$350,000 USD
302-419-5477
, Wilmington, DE for Sale
$350,000 USD
FOR SALE
1/8
null | Request Cap Rate

Mixed Use - Vandever Assemblage
Wilmington, DE


HIGHLIGHTS

  • Redevelopment Opportunity
  • 5 Parcels totaling 0.42 Acres
  • Zoned C-5 (Heavy Commercial)

OVERVIEW

INVESTOR ALERT!!!! Prime 5-Parcel Assemblage for Redevelopment – Wilmington, DE Exceptional opportunity to control a five-parcel assemblage in the City of Wilmington. Spanning a mix of residential, retail, and storage uses, this offering presents a rare chance to reposition a sizable footprint in an established urban setting. Property Highlights: Two vacant townhomes ready for complete renovation or redevelopment Single-story retail building and convenience store providing interim income (one lease in place through December 2026, the other month-to-month) Multiple storage garages leased on a month-to-month basis (all to one tenant) Zoning & Redevelopment Potential: Zoned C-5 (Heavy Commercial), allowing for a wide variety of commercial and industrial applications Assemblage offers scale for adaptive reuse, mixed-use redevelopment, or new construction Located within a flood plain, which may influence redevelopment scope but still provides substantial long-term potential This assemblage offers developers the opportunity to reimagine underutilized parcels and bring new energy to a well-positioned Wilmington location. PROPERTIES ARE BEING SOLD AS-IS WHERE-IS

ASK ABOUT THIS PROPERTY

Alicia FoxDSM CommercialMore Info
302-419-5477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Alicia FoxDSM CommercialMore Info
302-419-5477

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.