105-111 NE FRONT ST, Milford, DE 19963
105-111 NE FRONT ST, Milford, DE 19963
105-111 NE FRONT ST, Milford, DE 19963
105-111 NE FRONT ST, Milford, DE 19963
105-111 NE FRONT ST, Milford, DE 19963
105-111 NE FRONT ST, Milford, DE 19963
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VRA Realty

VRA Realty

+1(484) 800-1777
Listed by Chelsye Phillips-Hutton • NAI Coastal
$ 1,990,000
Est. payment | /mo
Save
$ 1,990,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID DEKT2038828

Year Built 1945

Annual Tax Amount $5,148

Tax Year 2024

Lot Dimensions 109.00 x 165.00

Property Sub-Type Office

Source BRIGHT

Property Description

This is a beautiful, well maintained and recently renovated investment property centrally located in the heart of downtown Milford, DE. This property boasts an annual income of over +/- $180,000 at NNN terms, offering significant investment and income potential to a qualified Buyer.
The property contains two Class A, well-established Tenants, supporting 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.

Location

State DE

County Kent

Area Milford (30805)

Zoning C2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 12.0

Water Access N

Accessibility None

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Milford

Others

Tax ID MD-16-18310-03-7000-000

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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Beckie Barton

Director of Growth and Operations

+1(302) 588-7812 | beckie@vrarealty.com

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105-111 NE FRONT ST

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