Welcome to Penn Rose! Conveniently located ever so slightly outside the City of Wilmington proper, yet, provides an urban feel and lifestyle! This vacant and mostly cleared lot is ready for your ideas to develop and turn into an income producing property, or perfect for the small business operator that would like to craft their home base. At some point in the recent past, there was a physical structure on this lot, which suffered some fire damage, and necessitated its removal. So now it's time for you to get with your architect and engineer to develop your plans and then put out for bids to execute! Seller has no knowledge of any utilities that may remain in the right of way. Property being sold "As Is". All Buyers should vet this lot for their intended purpose and conduct any necessary due diligence to satisfy themselves of the potential for this property. This lot is zoned Commercial Regional. Please contact New Castle County department of Land Use to meet with a Land Planner, and discuss the possibilities for improving the land. No transfer tax at time of final settlement to Buyer. Excellent opportunity for the aspiring land lord or end user to purchase a nice sized, mostly cleared lot and create a new structure for commercial use!