Lot at 9th & Castle
|Catylist Listing ID:
Multi-Family, Office, Retail
|Gross Land Area:
3,084 - 6,037 SF
|In Opportunity Zone?
||Cash to Seller
Overview / Comments
Two lots (521 & 523 S 9th St) located at the corner of 9th and Castle Street for sale. The other corner of this block was recently rezoned to Urban Mixed Use ("UMX"). The City of Wilmington's Future Land Use Plan calls for converting all of Castle Street to UMX.
Great development site with all utilities close by. 87.5 feet fronting Castle Street make this a great mixed use development opportunity. Consider developing townhomes, 15' wide by 40' deep with parking from the rear of the property. With a townhome project fronting Castle St, the ground floor can serve as commercial, the zoning allows Short-Term Rental - take advantage of this unique development opportunity.
Attachments & Media
|Property Located Between:
||9th & 10th
||The purpose of the Main Street Mixed Use zoning district is to enhance and retain the urban development pattern and context where intact commercial or mixed use areas exist outside of the Central Business District (CBD); to ensure that infill development and redevelopment do not adversely affect the physical character and context of such intact areas; and to encourage private investment to improve and stimulate the economic vitality and social character of these areas.
||Electric, Water, Gas, Sewer, Storm Drain
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