Property

Milford, DE 19963 112 Park Avenue

OPEN HOUSE Wed, Jun 04 2025 10:00 AM - 12:00 PM
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Presented By: Keller Williams Realty
  • MLS# DEKT2006694
  • 01/27/2022
  • Request Tour
  • Request Info
  • SQFT • 5,500

Home Details

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!
Presented By: Keller Williams Realty

Interior Features for 112 Park Avenue

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NNo
FlooringConcrete, Wood
Heating FuelOil
Heating Y/NYes
Hot WaterElectric

General for 112 Park Avenue

Acceptable FinancingCash, Conventional
AccessibilityEntry Slope <1'
Avg. Electric Per Month120.0
Body of WaterMispillion River
Business TypeAuto Related
CityMILFORD
Construction MaterialsBlock, Concrete
Cool FuelElectric
CoolingWindow Unit(s)
CountyKENT
DirectionsFrom 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.
DisclosuresFlood Zone
Electric3 Phases, 200+ Amp Service
ExclusionsAntique 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
HeatingForced Air
Lease Considered Y/NNo
Legal SubdivisionNO DATA
Location TypeDowntown
Lot Size Square Feet10454.40
Lot Size UnitsSquare Feet
MLS AreaMilford (30805)
ModificationTimestamp2025-05-10T12:54:26
New ConstructionNo
OwnershipFee Simple
Possession0-30 Days CD, 61-90 Days CD, 90-120 Days CD
Possible UseAutomotive, Bar/Tavern/Lounge, Barber/Beauty, Commercial, Church, Clothing, Dry Cleaner, Florist/Nursery, Laundromat, Food Market, Convenience Store, Medical/Dental, Parking, Restaurant, Office
Price Per Sq Ft Total AG90.73
Property ConditionVery Good
Property SubtypeServices
Property TypeCommercial Sale
Property UseOwner User
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1801.0
Tax Assessed Value47500.0
Tax Year2021
TransportationBus Stop less than 1 mile
UtilitiesElectric Available, Sewer Available, Water Available
Vacation Rental Y/NNo
ViewCity, Park/Greenbelt, River, Water
Virtual TourClick here
Water Access Y/NYes
Waterfront FeaturesRip-Rap
Waterfront Y/NYes
Year Built1953
Year Built SourceEstimated
ZoningC2

Exterior for 112 Park Avenue

Building Area Total5500.00
Car Parking Spaces6
Foundation DetailsSlab
Land Assessed Value8900.00
Lot DimensionsSee in photos
Lot FeaturesAdditional Lot(s), Stream/Creek
Lot Size Acres0.24
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NYes
Other EquipmentNegotiable
Parking FeaturesPaved Parking, Private
Road Frontage Length188
Total Loading Docks0
Total Parking Spaces6
Type of ParkingParking Lot
Water Access FeaturesFishing Allowed, Canoe/Kayak
Water Body TypeRiver
Water Oriented Y/NYes
Water SourcePublic
Water View Y/NYes

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $499,000
MLS#DEKT2006694
List Date 01/27/2022
Property Type Commercial
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