Park Milford Delaware
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112 PARK
Milford, Kent, Delaware 19963

MLS #: DEKT2006694

Year Built

1953

Price

$645,000


Mls Status: ACTIVE

Property Type: Commercial Industrial

List Price: $645,000

List Date: 01-27-2022

Year Built: 1953

Building Total SQFT: 5500.00

Building Total SQFT Source: Estimated

Annual Taxes: $1,801

In City Limits: Y

Sewer: Public Sewer

Waterfront: River

View: City, Park/Greenbelt, River, Water

School District: Milford

Acceptable Financing: Cash,Conventional

Heating Fuel: Oil

Total Garage And Parking Spaces: 6

Cooling Fuel: Electric

Price Per Square Foot: $117.27

Lot Sq. Feet: 10,454

Foundation: Slab

City Taxes: $740

Lot Size Acres: 0.24

Ownership: Fee Simple

Building Style: Block,Concrete

Longitude & Latitude: 38.91369913 -75.42684411

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!

112 PARKPARK, Milford, Delaware
62 photos. Click on the image to enlarge and view the entire gallery.

MLS Listing #: DEKT2006694
Asking Price: $645,000


Address: 112 PARKPARK
Milford, Kent, Delaware 19963
You can name this property yourself otherwise a name will be generated for you.
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Click Here to View the Property Virtual Tour
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!


 

Roofing

Flat

Exterior type

Block, Concrete

Flooring

Concrete, Wood

Cooling

Window Unit(s)

Heating

Forced Air

Water

Public

Sewer

Public Sewer

Utilities on Site

Electric Available, Sewer Available, Water Available

Land Options

Fee Simple


112 PARKPARK Milford, Kent, Delaware 19963
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