102 Federal Street Milton, DE $ 1,495,000
102 Federal Street
$ 1,495,000
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102 Federal Street

Milton, DE, 19968
$ 1,495,000
Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

$ 9,440

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Commercial Property for sale in Milton, DE

for $1,495,000. This 3,200 square foot building was built in 1910 on a lot size of 0.16.

An exceptional mixed-use investment opportunity in the heart of Historic Downtown Milton. This well-maintained income-producing property features five leasable units, offering a diverse and stable revenue stream with three residential apartments and two commercial spaces. The residential component includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, providing highly desirable rental options in one of Sussex County's most charming downtown communities. The commercial spaces include a restaurant tenant and a basement for storage, along with an additional leased commercial space, creating excellent tenant diversification and long-term investment appeal. Ideally situated on Federal Street, the property enjoys outstanding visibility, walkability, and convenient access to Milton's thriving restaurants, breweries, specialty shops, parks, and year-round community events. Historic Milton continues to experience strong demand from both residents and businesses while remaining just a short drive from the Delaware beaches, making this a compelling opportunity for investors seeking consistent cash flow and value. Whether you're expanding your investment portfolio or acquiring a signature mixed-use property in a growing downtown market, 102 Federal Street offers the rare combination of residential stability, commercial income, and an unbeatable location in one of coastal Delaware's most desirable small towns.

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Commercial Coming Soon

Price

$ 1,495,000

Property Type

Commercial

Taxes

$ 2,729

Style

Restaurant/Bar,Hair Salon and Spa

Lot Size

0.16

Year Built

1910

Town/City

Milton

County/Region

Sussex

MLS | Web ID

DESU2115220

Features
Interior
Heating Fuel Electric
Flooring Luxury Vinyl Plank Other
Hot Water Electric
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s) Baseboard - Electric
Cooling Central A/C
Utilities Cable TV Propane
Possession Settlement
Roof Cool/White
Zoning TN
Construction Materials Brick
Year Built 1910
Property Subtype Mixed Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar Hair Salon and Spa
Accessibility None
County SUSSEX
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status COMING SOON
Directions Located on the West side of Federal near the intersection with Union.
City MILTON
Number Of Units Total 5
MLS Area Broadkill Hundred (31003)
Lot Size Units Square Feet
Lot Size Square Feet 7007.00
Tax Annual Amount 2729.0
Property Condition Very Good
Price Per Sq Ft Total AG 467.19
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Urban
Sussex DE Quadrants Between Rt 1 & 113
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision FEDERAL ST
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 3200.00
Lot Dimensions 60.24 x 119.18 x 54.95 x 55.93 x 52.74
Lot Size Acres 0.16
Road Surface Type Black Top
Lot Size Source Estimated
Waterfront Y/N N
Other Equipment See Remarks
Road Responsibility City/County
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 102
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* Excluded Features
List By
Berkshire Hathaway Homeservices Penfed Realty

Broker

leeann@leeanngroup.com

Email

Affordability Calculator

$9,667
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,440
Monthly Property Taxes
$227
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/3/2026$1,495,000 Listed Price

Map


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102 Federal Street, Milton, DE, 19968 is a Commercial Property for sale at $1,495,000 with 3,200 sqft and a lot size of 0.16. 102 Federal Street was built in 1910. The property's zip code is 19968 which is in Milton, DE