1330 Read St, Wilmington, DE 19805 For Sale

1330 Read Street, Wilmington, DE 19805 - Exceptional mixed-use and redevelopment opportunity in Wilmington’s Hedgeville residential neighborhood. Situated on an approximately 4,356 SF lot, this fee-simple property is ideal for investors, developers, or owner-users seeking flexible future use and immediate functionality. Present zoning 26R-3. Currently improved with five garages, including two double-wide units, plus a small front office/storage area with a toilet and sink, the site offers strong potential for continued income-producing storage/garage use or repositioning for residential or mixed-use development. Recent capital improvements, including a new roof and updated gutters, enhance overall value. The property’s elevated hilltop setting offers attractive city views, adding to its appeal for future townhome, condo, or multifamily apartment development potential. Public water and sewer, in place. Immediate possession available, this is a rare chance to capitalize on a versatile urban infill asset in a growing Wilmington location. Buyer should perform independent due diligence regarding zoning, development feasibility, and intended use. Conveniently located near public transportation, major roadways like Interstate 95 and the popular Wilmington Riverfront attractions.