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1330 Read Street Wilmington, DE $ 299,900
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$ 299,900 Get more info
1330 Read Street
$ 299,900
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1330 Read Street

Wilmington, DE, 19805
$ 299,900
Bedrooms-- Baths-- Sq 871

Monthly Estimate*

$ 1,847

1330 Read Street, Wilmington, DE 19805 - Image 1
1330 Read Street, Wilmington, DE 19805 - Image 2
1330 Read Street, Wilmington, DE 19805 - Image 3
1330 Read Street, Wilmington, DE 19805 - Image 4
1330 Read Street, Wilmington, DE 19805 - Image 5
1330 Read Street, Wilmington, DE 19805 - Image 6
1330 Read Street, Wilmington, DE 19805 - Image 7
1330 Read Street, Wilmington, DE 19805 - Image 8
1330 Read Street, Wilmington, DE 19805 - Image 9
1330 Read Street, Wilmington, DE 19805 - Image 10
1330 Read Street, Wilmington, DE 19805 - Image 11
1330 Read Street, Wilmington, DE 19805 - Image 12

Commercial Property for sale in Wilmington, DE

for $299,900. This 871 square foot building was built in 1950 on a lot size of 0.1.

Exceptional Development Opportunity! This versatile, open lot offers multiple opportunities for value creationideal for building three contiguous townhomes or condos, developing a multifamily apartment building, or continuing its current use as incomeproducing garages and storage units. The property features FIVE garages, including two doublewide units, along with a small front office/storage area equipped with a toilet and sink. A secure front gate provides controlled access, and recent improvements include a new roof and updated gutters. The site also benefits from an attractive hilltop vantage point with views overlooking the city. Buyers are encouraged to conduct their own due diligence regarding zoning, development feasibility, and potential uses.

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Commercial Coming Soon

Price

$ 299,900

Property Type

Commercial

Taxes

$ 4,319

Style

Apartment Building

Lot Size

0.1

Year Built

1950

Town/City

Wilmington

County/Region

New Castle

MLS | Web ID

DENC2099698
Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Immediate
Zoning 26R-3
Construction Materials Block
Year Built 1950
Property Subtype Special Purpose
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Business Type Apartment Building
Accessibility None
County NEW CASTLE
New Construction N
Property Type Commercial Sale
Subdivision Name HEDGEVILLE
Possible Use Apartment Building Development Flex Space Investment Mixed Use Residential Special Purpose
Water Access Y/N N
Status COMING SOON
Directions I-95 south to 4th St / Jackson St and MLK Jr. Blvd exit. Take Jackson heading south right on Read and head up the hill to 1330 on tht
City WILMINGTON
Number Of Units Total 0
MLS Area Wilmington (30906)
Lot Size Units Square Feet
Lot Size Square Feet 4356.00
Tax Annual Amount 4319.0
Property Condition Average Below Average
Price Per Sq Ft Total AG 344.32
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision WILMINGTON
Tax Lot 099
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Private Garage On Street
Water View Y/N N
Building Area Total 871.00
Lot Size Acres 0.10
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 232200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1330
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty

Broker

yasmin@bowmanrealestatellc.com

Email

Affordability Calculator

$2,206
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,847
Monthly Property Taxes
$360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/30/2026$299,900 Listed Price

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1330 Read Street, Wilmington, DE, 19805 is a Commercial Property for sale at $299,900 with 871 sqft and a lot size of 0.1. 1330 Read Street was built in 1950. The property's zip code is 19805 which is in Wilmington, DE

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