Wilmington Commercial Development Opportunity

This property is located within a Commercial Residential (CR) District, offering strong flexibility for mixed-use development including office, retail, and residential uses. With a .4 acre lot size and a maximum building coverage of 25%, the site supports up to 4,256 SF of building footprint (parking areas are excluded from lot coverage calculations, allowing for efficient site planning).

The district allows for development up to a 38-foot height limit, creating the potential for a multi-story project. Residential development may utilize up to 50% lot coverage, and with a three-story buildout, the site could support an estimated 24,000 SF of total building area, depending on final design and layout.

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