Property Description

INVESTOR / BUILDER ALERT! Rare opportunity to secure a large corner lot in Townsend, DE with serious redevelopment potential. The existing structure has already been mostly stripped down to the framing, giving investors a head start for a full renovation, flip, rental conversion, or complete tear-down and rebuild. A new roof was installed in 2022, helping protect the structure while you plan your project. The oversized corner lot provides strong visibility and flexibility for future use. Savvy investors may also want to explore redevelopment possibilities with the town, including potential townhomes, mixed use, or a small commercial concept such as a café or office space (subject to approvals). With the right vision and approvals, this property could become a standout project in a growing area. Current zoning is residential and no guarantees are made regarding rezoning or redevelopment potential. Buyers should complete their own due diligence with the town regarding zoning, permitted uses, renovation, or redevelopment plans. Property is being sold AS-IS, WHERE-IS. Seller will make no repairs, no seller financing is available, and no warranties are expressed or implied

Property Features

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