Prime Investment Opportunity in New Castle! Discover this well-maintained 24-unit apartment complex, featuring two solid brick buildings—each with 12 spacious units. The property offers 22 two-bedroom, one-bath apartments with a consistent, efficient floor plan, and 2 one-bedroom, one-bath units, providing a versatile mix for tenants. Residents will appreciate the ample on-site parking and playground area, enhancing tenant satisfaction and retention. With its durable brick construction, desirable location, and strong rental potential, this property is the investment opportunity you’ve been waiting for. Don’t miss your chance to own a stable, income-producing asset in a convenient New Castle location near Wilmington University Campus, route 13, and much more.
Welcome to 3101 New Castle Avenue in New Castle, Delaware — a unique commercial opportunity with endless potential for the right investor or business owner. This property offers approximately 1,890 square feet of interior space situated on a manageable 0.11-acre lot, perfectly positioned along a high-visibility stretch of New Castle Avenue. Zoned for mixed commercial use, the property provides flexibility for a variety of potential ventures such as retail, office, or creative workspace. While the building requires rehabilitation and updating throughout, its solid footprint and prime location make it an ideal canvas for redevelopment. With excellent exposure, easy access to major routes, and close proximity to surrounding residential and business districts, this property is brimming with opportunity for someone ready to bring it back to life and make it shine once again.
Prime Commercial Development Site – ±3.99 Acres on New Castle Avenue (Route 9) Outstanding opportunity to acquire the Nesci Subdivision, an assemblage of nine parcels totaling approximately 3.99 acres along high-traffic New Castle Avenue (Route 9) in New Castle, Delaware. Eight parcels (±3.90 acres) are zoned CR (Commercial Regional), offering broad flexibility for commercial development. An additional 0.09-acre lot zoned NC5 (Neighborhood Conservation) is located within the adjacent Holloway Terrace neighborhood. This property boasts exceptional visibility and access, located less than half a mile from Interstate 295 and immediately off the Route 9 North exit at the base of the Delaware Memorial Bridge linking Delaware and New Jersey. The site is positioned between McDonald’s and the newly constructed New Castle Public Library, an area experiencing renewed investment and strong traffic volumes. Currently improved with seven residential rentals (five single-family homes and two two-unit apartments)- being sold As-Is, all parcels conveyed together. Key Highlights: • Total Acreage: ±3.99 acres (8 CR-zoned, 1 NC5-zoned parcel) • Zoning: CR (Commercial Regional) & NC5 (Neighborhood Conservation) • Frontage: High visibility along Route 9 / New Castle Avenue • Access: Immediate connectivity to I-295, Delaware Memorial Bridge, and I-95 corridor • Traffic Count: Excellent exposure on one of New Castle’s busiest commercial corridors • Sale Condition: Sold As-Is, all parcels conveyed together Tax parcels 1001000019, 1001000026,1001000027,1001000028, 1001000029, 1001000030, 1001000031, 1001000032,1001040151. This assemblage represents one of the few remaining large, contiguous commercial-zoned tracts in this corridor, offering unmatched access, visibility, and long-term growth potential.
Two CR zoned parcels currently improved with single family homes being sold "As Is". Call to discuss potential development. Parcels include 10-010.00-028 & 10-010.00-027 . Do not enter the property without listing agent.
Prime location Commercial property consisting 1.5 +/- acres pad sites for land lease! Great location for maximum exposure for any retail or office business. Site is just seconds away from major highways of Rt. I 295 & Rt 40 interchange, De. 9 and the Delaware Memorial bridge. Very High traffic count makes this a great opportunity for your growing business. This site already has a building on it that is over 2700 sq. ft. If you want to get it up and running or raze it and do your own. Endless possibilities. Check with New Castle for all the by-rights uses. Lots of new businesses in the area just take a look. Looking for a long term lease.
New Castle is located in Delaware. New Castle, Delaware has a population of 5,482. New Castle is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in New Castle, Delaware is $83,651. The median household income for the surrounding county is $78,428 compared to the national median of $69,021. The median age of people living in New Castle is 50.1 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.9 degrees. The average rainfall is approximately 44.9 inches per year, with 12.4 inches of snow per year.
