Property
Milford, DE 19963 10 S Walnut Street
$689,000
30 more
Presented By: R&R Commercial Realty
SQFT • 4,338
SQFT • 4,338Home Details
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.
Presented By: R&R Commercial Realty
Interior Features for 10 S Walnut Street
Bathrooms
Total Restrooms2
Other Interior Features
Central Air Y/NYes
Heating FuelPropane - Leased
Heating Y/NYes
Hot WaterElectric
Total Stories2
General for 10 S Walnut Street
Acceptable FinancingConventional, Cash
Accessibility2+ Access Exits
Association Recreation FeeN
Building NameNONE AVAILABLE
Business TypeApartment Building, Hair Salon and Spa, Medical, Other/General Retail, Professional
CityMILFORD
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountySUSSEX
DirectionsFrom 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.
Electric Expense4546.00
HeatingForced Air
Historic Y/NYes
Insurance Expense1800.00
Lease Considered Y/NNo
Legal SubdivisionCITY/MILFORD
Location TypeDowntown
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS AreaCedar Creek Hundred (31004)
MaintenanceExpense680.00
New ConstructionNo
Number Of Units Total0
OwnershipFee Simple
PossessionSettlement
Possible UseBarber/Beauty, Apartments, Commercial, Florist/Nursery, Industrial, Investment, Medical/Dental, Mixed Use, Office, Professional Service, Retail, Spa, Restaurant, Food & Beverage, Food Market
Price Per Sq Ft Total AG158.83
Property SubtypeRetail
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Sussex DE QuadrantsBetween Rt 1 & 113
Tax Annual Amount2252.0
Tax Year2025
TransportationBus Stop less than 1 mile
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1885
Year Built SourceEstimated
ZoningTN
Exterior for 10 S Walnut Street
Building Area Total4338.00
Car Parking Spaces6
Land Use Code3 2
Lot Dimensions21.00 x 115.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentSee Remarks
Parking FeaturesPublic
Total Loading Docks0
Total Parking Spaces6
Type of ParkingOn Street, Other
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Monica Henriques
Real Estate Agent