Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1945
Sq.Footage
N/A
This is a beautiful, well maintained and recently renovated investment property located in the heart of downtown Milford, DE! Boasting an annual income of over +/- $180,000 at NNN terms, this property offers significant investment and income potential to a qualified Buyer. The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix. The property is located within Milford's Central Business District and is surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware such as Opportunity Zone and Downtown Development District grants. **Seller will consider holding a 2nd mortgage to secure financing for a qualified Buyer.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Heat Pump, Electric
-
Heating YN
YES
-
Heating
Electric, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Office
Price
-
Sales Price
$1,990,000
-
Tax Amount
5148.0
-
Zoning
Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Tax Lot
7000-000
-
Water Source
Public
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Location
County
KENT
Elementary School
Middle School
High School
Listing Courtesy of Chelsye Phillips-Hutton , NAI Coastal
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