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900 A St 2.2 Acres of Commercial Land Offered at $1,600,000 in Wilmington, DE 19801

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Investment Highlights

  • Rare waterfront property
  • Open, vacant, flat land
  • Flexible Zoning

Executive Summary

900 A Street, Wilmington, DE 19801 1.86 acres 26-050.40-001 Zoned W-4
501 South Buttonwood St., Wilmington, DE 19801 .04 acres 26-057.00-025 Zoned R-5A
503 South Buttonwood St., Wilmington, DE 19801 .13 acres 26-057.00-024 Zoned R-5A

Property Facts

Price $1,600,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Single Family Development
Total Lot Size 2.20 AC
Opportunity Zone Yes
Zoning W-4 - W-4 City of Wilmington zoning is designed to accommodate for medium to high density residential, retail, and office development.

1 Lot Available

Lot

Price $1,600,000
Price Per AC $727,272.73
Lot Size 2.20 AC

IPS is pleased to offer a 3-parcel package totaling 2.2 Acres located on the edge of Wilmington's Waterfront East District.

Description

Investment Property Services represents a coveted commercial land opportunity on Wilmington's vibrant Riverfront, totaling over 2 acres, located on the edge of Wilmington's Waterfront East district. This prime real estate boasts an enviable location with direct access to the scenic Christina River, offering panoramic waterfront views and a dynamic urban setting. This property is just blocks from the Chase Soccer Fields, and only 5 mins from the Port of Wilmington. With the zoning of W-4, this property is perfect for mixed use of retail, office and residential development. The property is currently vacant and ready to build on. Two (2) additional lots across the street, totaling 0.13 acres, are included in this sale. These would be perfect for a parking lot. Ideal for developers and investors, the property presents substantial potential for mixed-use development, including retail, dining, entertainment, and residential components. Its proximity to major highways and public transit enhances accessibility, ensuring a steady flow of visitors and residents alike. The site's strategic position within the Riverfront district, known for its cultural attractions and recreational amenities, further enhances its appeal. This presents a rare opportunity to capitalize on Wilmington's burgeoning commercial and residential market, making it an attractive investment for those looking to contribute to the city's ongoing revitalization and growth.

Property Taxes

Property Taxes

Parcel Number
26-050.40-001
Land Assessment
$71,400
Improvements Assessment
$1,000
Total Assessment
$72,400
  • Listing ID: 39321589

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 900 A St, Wilmington, DE 19801

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