703 Buttonwood St
Wilmington, DE 19801
Outdoor Storage/ Parking Facility · Terrain À vendre · 1,35 AC

701 Garasches Lane and 703 Buttonwood Street are well positioned industrial sites located at the edge of the City of Wilmington. 701 Garasches Lane is a +100,000 SF free-standing industrial facility, situated on a +5.88 acres. 703 Buttonwood Street is a 1.35 acre industrial site of outside storage and additional trailer parking. The property offers easy access to I-495, I-95 and I-295. The site is in the path of redevelopment as infrastructure grants have been allocated for funding the necessary east side (east of the Christina River) infrastructure improvements. Significant redevelopment has already begun. New improvements to the east side already exist – the 76ers building, retail, townhomes, condominiums, new modern apartments along with a new hotel, which is currently under construction. Today there are many more projects in the planning stage in the immediate area including a new indoor track facility for Delaware high schools, and additional office and multi-family buildings planned along the Riverfront. 701 Garasches Lane has heavy power, adequate ceiling heights, a layout that provides flexibility, and sits squarely in the path of redevelopment. All these features provide potential future upside for a new owner.