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