Back to search
112 Park Avenue Milford, DE $ 499,000
Share Save
$ 499,000 Get more info
112 Park Avenue
$ 499,000
Back to search
Share Save

112 Park Avenue

Milford, DE, 19963
$ 499,000
Bedrooms-- Baths-- Sq 5,500

Monthly Estimate*

$ 3,113

112 Park Avenue, Milford, DE 19963 - Image 1
112 Park Avenue, Milford, DE 19963 - Image 2
112 Park Avenue, Milford, DE 19963 - Image 3
112 Park Avenue, Milford, DE 19963 - Image 4
112 Park Avenue, Milford, DE 19963 - Image 5
112 Park Avenue, Milford, DE 19963 - Image 6
112 Park Avenue, Milford, DE 19963 - Image 7
112 Park Avenue, Milford, DE 19963 - Image 8
112 Park Avenue, Milford, DE 19963 - Image 9
112 Park Avenue, Milford, DE 19963 - Image 10
112 Park Avenue, Milford, DE 19963 - Image 11
112 Park Avenue, Milford, DE 19963 - Image 12
112 Park Avenue, Milford, DE 19963 - Image 13
112 Park Avenue, Milford, DE 19963 - Image 14
112 Park Avenue, Milford, DE 19963 - Image 15
112 Park Avenue, Milford, DE 19963 - Image 16
112 Park Avenue, Milford, DE 19963 - Image 17
112 Park Avenue, Milford, DE 19963 - Image 18
112 Park Avenue, Milford, DE 19963 - Image 19
112 Park Avenue, Milford, DE 19963 - Image 20
112 Park Avenue, Milford, DE 19963 - Image 21
112 Park Avenue, Milford, DE 19963 - Image 22
112 Park Avenue, Milford, DE 19963 - Image 23
112 Park Avenue, Milford, DE 19963 - Image 24
112 Park Avenue, Milford, DE 19963 - Image 25
112 Park Avenue, Milford, DE 19963 - Image 26
112 Park Avenue, Milford, DE 19963 - Image 27
112 Park Avenue, Milford, DE 19963 - Image 28
112 Park Avenue, Milford, DE 19963 - Image 29
112 Park Avenue, Milford, DE 19963 - Image 30
112 Park Avenue, Milford, DE 19963 - Image 31
112 Park Avenue, Milford, DE 19963 - Image 32
112 Park Avenue, Milford, DE 19963 - Image 33
112 Park Avenue, Milford, DE 19963 - Image 34
112 Park Avenue, Milford, DE 19963 - Image 35
112 Park Avenue, Milford, DE 19963 - Image 36
112 Park Avenue, Milford, DE 19963 - Image 37
112 Park Avenue, Milford, DE 19963 - Image 38
112 Park Avenue, Milford, DE 19963 - Image 39
112 Park Avenue, Milford, DE 19963 - Image 40
112 Park Avenue, Milford, DE 19963 - Image 41
112 Park Avenue, Milford, DE 19963 - Image 42
112 Park Avenue, Milford, DE 19963 - Image 43
112 Park Avenue, Milford, DE 19963 - Image 44
112 Park Avenue, Milford, DE 19963 - Image 45
112 Park Avenue, Milford, DE 19963 - Image 46
112 Park Avenue, Milford, DE 19963 - Image 47
112 Park Avenue, Milford, DE 19963 - Image 48
112 Park Avenue, Milford, DE 19963 - Image 49
112 Park Avenue, Milford, DE 19963 - Image 50
112 Park Avenue, Milford, DE 19963 - Image 51
112 Park Avenue, Milford, DE 19963 - Image 52
112 Park Avenue, Milford, DE 19963 - Image 53
112 Park Avenue, Milford, DE 19963 - Image 54
112 Park Avenue, Milford, DE 19963 - Image 55
112 Park Avenue, Milford, DE 19963 - Image 56
112 Park Avenue, Milford, DE 19963 - Image 57
112 Park Avenue, Milford, DE 19963 - Image 58
112 Park Avenue, Milford, DE 19963 - Image 59
112 Park Avenue, Milford, DE 19963 - Image 60
112 Park Avenue, Milford, DE 19963 - Image 61
112 Park Avenue, Milford, DE 19963 - Image 62
112 Park Avenue, Milford, DE 19963 - Image 63
View a Virtual Tour

Commercial Property for sale in Milford, DE

for $499,000. This 5,500 square foot building was built in 1953 on a lot size of 0.24.

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!

See more
Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 1,801

Style

Auto Related

Lot Size

0.24

Year Built

1953

Town/City

Milford

County/Region

Kent

MLS | Web ID

DEKT2006694
Features
Interior
Heating Fuel Oil
Flooring Concrete Wood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 2
See more
General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Utilities Electric Available Sewer Available Water Available
Possession 0-30 Days CD 61-90 Days CD 90-120 Days CD
Roof Flat
Zoning C2
Construction Materials Block Concrete
Exclusions Antique Refrigerator does not convey and is not for sale. Seller can clear out contents of property and deliver vacant or negotiate sale of items outside of real estate purchase. Business equipment
Year Built 1953
Electric 3 Phases 200+ Amp Service
View City Park/Greenbelt River Water
Property Subtype Services
Tax Year 2021
Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related
Waterfront Features Rip-Rap
Accessibility Entry Slope <1'
County KENT
New Construction N
Property Type Commercial Sale
Possible Use Automotive Bar/Tavern/Lounge Barber/Beauty Commercial Church Clothing Dry Cleaner Florist/Nursery Laundromat Food Market Convenience Store Medical/Dental Parking Restaurant Office
Water Access Y/N Y
Status ACTIVE
Directions From Route 1 turn onto Route 14 West which runs into NE Front St. Turn left on N Washington Street then left on Park Ave second building in the right.
City MILFORD
Body of Water Mispillion River
Disclosures Flood Zone
MLS Area Milford (30805)
Lot Size Units Square Feet
Lot Size Square Feet 10454.40
Tax Annual Amount 1801.0
Property Condition Very Good
Price Per Sq Ft Total AG 90.73
Acceptable Financing Cash Conventional
Avg. Electric Per Month 120.0
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/6CNzdQvabpg
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Legal Subdivision NO DATA
See more
Exterior
Parking Features Paved Parking Private
Lot Features Additional Lot(s) Stream/Creek
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N Y
Building Area Total 5500.00
Lot Dimensions See in photos
Lot Size Acres 0.24
Water Body Type River
Lot Size Source Estimated
Waterfront Y/N Y
Other Equipment Negotiable
Water Access Features Fishing Allowed Canoe/Kayak
Land Assessed Value 8900.00
Navigable Water Y/N Y
Water Oriented Y/N Y
See more
Internal Only
Street Number 1 112
See more
* Excluded Features
List By
Keller Williams Realty

Broker

reneeedge@kw.com

Email

Affordability Calculator

$3,263
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/28/2024 $499,000 -15.42% Price Down
11/27/2022 $590,000 -5.60% Price Down
9/14/2022 $625,000 -3.10% Price Down
5/3/2022 $645,000 -0.77% Price Down
1/27/2022 $650,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

112 Park Avenue, Milford, DE, 19963 is a Commercial Property for sale at $499,000 with 5,500 sqft and a lot size of 0.24. 112 Park Avenue was built in 1953. The property's zip code is 19963 which is in Milford, DE

Get more info