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US DE Sussex County Milford MLS - Broker Listed Properties

MILFORD DE Commercial Sale $499,000 — Listed by Renee Edge, Keller Williams Realty

Updated on Jan 22, 2025

PRICE IMPROVEMENT! Bring Offers! Welcome to your downtown business opportunity in the central...

Address 112 PARK AVENUE
MILFORD, DE 19963
Price$499,000
Bedrooms0
Bathrooms0
StatusActive
Listing Agent
(302) 360-0300
Office
37169 Rehoboth Avenue EXTENSION
Rehoboth Beach, DE 19971
(302) 360-0300
Located in MILFORD, DE
PRICE IMPROVEMENT! Bring Offers! Welcome to your downtown business opportunity in the central business district of Milford DE! Just under a quarter acre of commercial property with multiple permitted uses on the Mispillion River! Huge, clean, 2 story building with plenty of space for your business needs! Presently it has a showroom, office space, storage rooms, large drive in garage area, paint booth area, bathroom, and sewing room upstairs with more storage space. Then you have another section with separate entrance and electric that has plenty of open space and a bathroom. Have a separate business, utilize the extra space, or lease out the space for income! Sixteen inch beams on the ceiling, 20 feet of ceiling clearance, and a recently updated flat roof. Sidewalk in the front and private parking lot on the side included. Behind the building is the Mispillion River for nice water views and park views just across the River. Sale includes 2 parcels. Currently being operated as an Auto Trim and Accessories Shop that has been in business over 30 years! Business, equipment, and inventory not included in sale but could be negotiated separately. Continue with the current business type use that is in place or create your own business venture from one of the many permitted uses. A few ideas are flower shop, restaurant, retail, barber, Craft distillery and microbrewery, tavern, antique shop, laundry, and more. See the City of Milford Website for a complete list of uses and also included in the photos. Additional public parking is available at next door shopping center. Take advantage of the “Downtown Development District” opportunities for new businesses. Some of these opportunities include rebates on construction costs, building permit and impact fees waived, and stay of assessed value. Contact the city for more details. You are also in a Federal Opportunity Zone. The City of Milford has a population just over 10,000 and is a city split between Kent and Sussex Counties of Delaware. It is rich in history with ship building as a major industry in the early days, as the Mispillion River goes right to the Delaware Bay. Today you have a growing city with many businesses downtown, riverwalk area, dog park, public park, nature trail, kayak/boat launch, shopping centers, public library, and many annual town events including parades. Location is just 30 minutes to resort beaches and only a few miles to the shore along the Delaware Bay. Be sure to click the virtual tour link for a video tour! Have a business looking for more room or looking to start a business? Call today!

    General

  • Property type: Commercial Sale
  • Property sub type: Other
  • Has pond: no
  • Num floors: 0
  • Has fireplace: no
  • Has ceiling fan: no
  • Num parking spaces: 6
  • Is new construction: no
  • Has sprinkler system: no
  • Listing title: Commercial - MILFORD, DE
  • Listing date: 2022-01-27
  • Lot size: 0.24 Acres
  • Living area: 0 Square Feet

    • Cooling systems

  • Window unit(s) a/c

    • Heating system

  • Forced air

    • Architecture style

  • Other

    • Exterior features

  • Entry slope <1'

    • Taxes

  • Amount: $1801

    • Listing Details

  • Mls name: Keller Williams Realty
  • MLS Identifier: TRENDPA
  • MLS Number: DEKT2006694
  • Provider name: Bright MLS
  • Property Type: Commercial Sale
  • Property sub type: Other
  • Office Key: TRENDPA-KWBCH05
  • Office ID: KWBCH05
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
 

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