305 W 2nd St

For Sale

305 W 2nd St, Wilmington, DE 19801

This Wilmington property for sale is located at 305 W 2nd St. The current listed sale price for 305 W 2nd St is $1,200,000. 305 W 2nd St is situated on a lot that is 0.35 acre in size.

Contacts

broker
Chris Moore, CCIM

LMT CRE

Property Details

  • Property Type Multi-Family
  • Property Size 100,000 SF
  • Units 24
  • Lot Size 0.35 Acre
  • Date Updated May 13, 2025
Wilmington, DEWilmington River Views, once constructed, is envisioned to be a high-end boutique apartment development consisting of 24 Units. Wilmington, Delaware has demonstrated strong revitalization over the past 10 years with continuing growth predicted over the coming decade making Wilmington prime for real estate investment. Developer is receiving final approvals from the City of Wilmington. Buyer would have to submit final permit plans in order to start construction.
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Highlights

  • Class-A office has remained stable with recent large office users coming to the downtown area (Incyte).
  • Employment projection of 9% growth between 2020-2030 (aligns with population growth).
  • Housing availability is low with strong 92% +/- rental occupancy rates
  • Population has most continued growth in Downtown and the Riverfront areas due to City incentives (grants, tax abatements).
  • Rental housing shortage for higher-level of quality apartments

Getting around

  • 91/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 56/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Wilmington, DE
  • Zip Code 19801
  • Market Philadelphia

Points of Interest

  • Wilmington

    0.30 miles

  • BP

    0.10 miles

  • Liberty

    0.45 miles

  • Shell

    0.84 miles

  • Sunoco

    1.17 miles

  • King Star Gas & Diesel

    1.63 miles

  • Valero

    1.78 miles

  • Tesla Supercharger

    2.12 miles

  • 76

    2.23 miles

  • ChargePoint

    5.68 miles

  • Volta

    6.62 miles

  • DTCC

    0.03 miles

  • Train Station Garage

    0.24 miles

  • New Castle County Courthouse Parking

    0.34 miles

  • City Center Wilmington Parking

    0.62 miles

  • CSW Student Lot

    1.96 miles

  • CCSA Student Lot

    2.03 miles

  • Delaware Technology Center - Parking Lot

    2.96 miles

  • COA Wilmington Parking

    3.70 miles

  • The Quoin Hotel

    0.26 miles

  • DoubleTree by Hilton Hotel Downtown Wilmington - Legal District

    0.39 miles

  • Sheraton Suites Wilmington Downtown Hotel

    0.54 miles

  • HOTEL DU PONT

    0.59 miles

  • Courtyard Wilmington Downtown

    0.62 miles

  • Hyatt Place

    0.64 miles

  • Homewood Suites

    0.75 miles

  • Residence Inn

    0.76 miles

  • The Westin Wilmington

    0.79 miles

  • Fairview Inn

    1.24 miles

  • Fresh Grocer

    0.32 miles

  • Brown Bag

    0.56 miles

  • ShopRite

    0.61 miles

  • Save-A-Lot

    0.78 miles

  • Acme

    1.28 miles

  • Forman Mills

    2.44 miles

  • Food Lion

    2.55 miles

  • Big Lots

    2.68 miles

  • Wegmans

    2.76 miles

  • Independence Mall

    2.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Moore, CCIM

LMT CRE

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