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10 S Walnut Street Milford, DE $ 689,000
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10 S Walnut Street
$ 689,000
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10 S Walnut Street

Milford, DE, 19963
$ 689,000
Bedrooms-- Baths-- Sq 4,338

Monthly Estimate*

$ 4,242

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Commercial Property for sale in Milford, DE

for $689,000. This 4,338 square foot building was built in 1885 on a lot size of 0.05.

Turnkey, income-producing opportunity in the heart of Milfordideal for an owner-user or investor seeking immediate cash flow with upside potential. The second floor is fully leased on a month-to-month basis and currently generating income. The first floor offers exceptional flexibility: continue operating the existing ice cream shop for immediate revenue, rebrand with your own retail concept, or sell the existing business and equipment to a new operator while maintaining rental income from the space. Positioned in a growing market with strong proximity to Delawares beach destinations and expanding retirement communities, this property benefits from increasing year-round and seasonal traffic. A rare opportunity to acquire a versatile commercial asset with multiple income strategiesperfect for entrepreneurs and investors alike.

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Commercial Active

Price

$ 689,000

Property Type

Commercial

Taxes

$ 2,252

Style

Apartment Building,Hair Salon and Spa,Medical,/Gen

Lot Size

0.05

Year Built

1885

Town/City

Milford

County/Region

Sussex

MLS | Web ID

DESU2111132
Features
Interior
Heating Fuel Propane - Leased
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning TN
Construction Materials Brick
Year Built 1885
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Hair Salon and Spa Medical Other/General Retail Professional
Building Name NONE AVAILABLE
Accessibility 2+ Access Exits
County SUSSEX
Insurance Expense 1800.00
New Construction N
Property Type Commercial Sale
MaintenanceExpense 680.00
Subdivision Name NONE AVAILABLE
Possible Use Barber/Beauty Apartments Commercial Florist/Nursery Industrial Investment Medical/Dental Mixed Use Office Professional Service Retail Spa Restaurant Food & Beverage Food Market
Water Access Y/N N
Status ACTIVE
Directions From Dover take RT 113 south to Milford make a left onto N W Front St follow to Walnut make a right property is on the right.
City MILFORD
Number Of Units Total 0
MLS Area Cedar Creek Hundred (31004)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Tax Annual Amount 2252.0
Electric Expense 4546.00
Price Per Sq Ft Total AG 158.83
Acceptable Financing Conventional Cash
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Active
Year Built Source Estimated
Legal Subdivision CITY/MILFORD
Association Recreation Fee N
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Exterior
Parking Features Public
Water Source Public
Type of Parking On Street Other
Water View Y/N N
Building Area Total 4338.00
Lot Dimensions 21.00 x 115.00
Lot Size Acres 0.05
Lot Size Source Assessor
Waterfront Y/N N
Other Equipment See Remarks
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 10
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* Excluded Features
List By
R&R Commercial Realty

Broker

keithwalpole@yahoo.com

Email

Affordability Calculator

$4,430
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$188
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2026$689,000 Listed Price

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10 S Walnut Street, Milford, DE, 19963 is a Commercial Property for sale at $689,000 with 4,338 sqft and a lot size of 0.05. 10 S Walnut Street was built in 1885. The property's zip code is 19963 which is in Milford, DE

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