Property

Milford, DE 19963 105-111 NE Front Street

$1,990,000

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Presented By: NAI Coastal
  • MLS# DEKT2038828
  • 06/26/2025
  • Request Tour
  • Request Info
  • SQFT • 13,224

Home Details

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.
Presented By: NAI Coastal

Interior Features for 105-111 NE Front Street

Other Interior Features

Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 105-111 NE Front Street

AccessibilityNone
Business TypeProfessional
CityMILFORD
Construction MaterialsBrick, Masonry
Cool FuelElectric
CoolingHeat Pump(s)
CountyKENT
DirectionsFollow 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.
HeatingHeat Pump(s)
MLS AreaMilford (30805)
New ConstructionNo
Number Of Units Total2
OwnershipOther
PossessionNegotiable
Price Per Sq Ft Total AG160.2
Property SubtypeOffice
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount5148.0
Tax Assessed Value1366400.0
Tax Lot7000-000
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1945
Year Built SourceAssessor
ZoningC2

Exterior for 105-111 NE Front Street

Building Area Total12422.00
Car Parking Spaces10
Land Assessed Value123500.00
Land Use Code
Lot Dimensions109.00 x 165.00
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces12
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,990,000
MLS#DEKT2038828
List Date 06/26/2025
Property Type Commercial
Phone (973) 332-3022
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Request Info
Visit My Website

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