For Sale
$750,000

336 Heald StWilmington, DE 19801

High-yield potential, three-unit building.

Overview

Added:
Feb 3
Days on market:
62
This exceptional mixed-use property, located at 336 S Heald Street in Wilmington, Delaware's vibrant Southbridge area, presents a compelling investment opportunity. The 3,460 square foot building sits on a 0.03-acre lot and currently features three occupied residential units. The ground floor retail space is currently vacant, offering significant upside potential. Existing architectural plans are available for converting this vacant retail space into two additional residential units, increasing rental income and property value. The building is well-maintained and in good condition, reflecting responsible ownership. This location benefits from the ongoing revitalization of the Southbridge neighborhood, with new construction projects underway nearby and the proximity to the expanding waterfront district. The property's versatility makes it ideal for a business owner seeking retail space combined with rental income or an investor looking to capitalize on the conversion potential and strong rental demand in a rapidly developing area. The asking price is $750,000. This is a rare chance to acquire a well-situated mixed-use property with immediate income and substantial long-term growth prospects.

Property Details for 336 Heald St

Property type
Mixed-use properties
Square Feet
3,460 SF
Year Built
1900
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Wilmington
County
New Castle
State
Delaware
Latitude
39.73032
Longitude
-75.54287
336 Heald St, Wilmington, Delaware

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336 Heald St
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