112 Park Ave, MILFORD, DE

$499,000

Previous Next

5,500

Square feet

0.24

Acres

About 112 Park Ave

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!

Features of 112 Park Ave

MLS® # DEKT2006694
Price $499,000
Bathrooms 0.00
Square Footage 5,500
Acres 0.24
Year Built 1953
Type Commercial Sale
Sub-Type Services
Status Active

Community Information

Address 112 Park Ave
Area Milford (30805)
City MILFORD
County KENT-DE
State DE
Zip Code 19963

Amenities

Utilities Electric Available, Sewer Available, Water Available
Parking Paved Parking, Private
View City, Park/Greenbelt, River, Water
Is Waterfront Yes
Waterfront River

Interior

Heating Forced Air
Cooling Window Unit(s)
Has Basement No
Fireplace No

Exterior

Exterior Block, Concrete/Block
Lot Description Additional Lot(s), Stream/creek
Roof Flat
Foundation Slab

School Information

District MILFORD

Additional Information

Date Listed January 27th, 2022
Days on Market 846
Zoning C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact Info(302) 360-0300

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?