105-111 NE Front Street Milford, DE $ 1,990,000
105-111 NE Front Street
$ 1,990,000
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105-111 NE Front Street

Milford, DE, 19963
$ 1,990,000
Bedrooms-- Baths-- Sq 13,224

Monthly Estimate*

$ 12,415

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Commercial Property for sale in Milford, DE

for $1,990,000. This 13,224 square foot building was built in 1945.

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.

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Commercial Active

Price

$ 1,990,000

Property Type

Commercial

Taxes

$ 5,148

Style

Professional

Year Built

1945

Town/City

Milford

County/Region

Kent

MLS | Web ID

DEKT2038828

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession Negotiable
Zoning C2
Construction Materials Brick Masonry
Year Built 1945
Property Subtype Office
Tax Year 2024
Ownership Other
Cool Fuel Electric
Business Type Professional
Accessibility None
County KENT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Follow Route 13 N from Salisbury MD; turn right onto DE-16 E/DE-36 E. Turn left onto DE-36 E. Continue straight onto S Walnut St. Turn right onto Rd 22/NE Front St.
City MILFORD
Number Of Units Total 2
MLS Area Milford (30805)
Tax Annual Amount 5148.0
Price Per Sq Ft Total AG 160.2
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 7000-000
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 12422.00
Lot Dimensions 109.00 x 165.00
Waterfront Y/N N
Land Assessed Value 123500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 105
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* Excluded Features
List By
Nai Coastal

Broker

chelsye@naicoastal.com

Email

Affordability Calculator

$12,844
Per Month
97%
3%
0%
Monthly Principal & Interest
$12,415
Monthly Property Taxes
$429
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$1,990,000 -5.24% Price Down
9/29/2025$2,100,000 -8.70% Price Down
6/26/2025$2,300,000 Listed Price

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105-111 NE Front Street, Milford, DE, 19963 is a Commercial Property for sale at $1,990,000 with 13,224 sqft. 105-111 NE Front Street was built in 1945. The property's zip code is 19963 which is in Milford, DE