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Milford,DE 19963
Key Details
Property Type Commercial
Sub Type Services
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $90
MLS Listing ID DEKT2006694
Originating Board BRIGHT
Year Built 1953
Annual Tax Amount $1,801
Tax Year 2021
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions See in photos
Property Description
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!
Location
State DE
County Kent
Area Milford (30805)
Zoning C2
Interior
Hot Water Electric
Heating Forced Air
Cooling Window Unit(s)
Flooring Concrete,Wood
Equipment Negotiable
Heat Source Oil
Exterior
Garage Spaces 6.0
Utilities Available Electric Available,Sewer Available,Water Available
Waterfront Y
Waterfront Description Rip-Rap
Water Access Y
Water Access Desc Fishing Allowed,Canoe/Kayak
View City,Park/Greenbelt,River,Water
Roof Type Flat
Accessibility Entry Slope <1'
Parking Type Parking Lot
Total Parking Spaces 6
Garage N
Building
Lot Description Additional Lot(s),Stream/Creek
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Milford
Others
Tax ID MD-16-18310-04-3102-000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard