Property

Milton, DE 19968 102 Federal Street

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Presented By: Berkshire Hathaway HomeServices PenFed Realty
  • MLS# DESU2115220
  • 07/02/2026
  • Request Tour
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  • SQFT • 3,200

Home Details

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.
Presented By: Berkshire Hathaway HomeServices PenFed Realty

Interior Features for 102 Federal Street

Other Interior Features

Central Air Y/NYes
FlooringLuxury Vinyl Plank, Other
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories2

General for 102 Federal Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeRestaurant/Bar, Hair Salon and Spa
CityMILTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountySUSSEX
DirectionsLocated on the West side of Federal near the intersection with Union.
HeatingHeat Pump(s), Baseboard - Electric
Lease Considered Y/NNo
Legal SubdivisionFEDERAL ST
Location TypeUrban
Lot Size Square Feet7007.00
Lot Size UnitsSquare Feet
MLS AreaBroadkill Hundred (31003)
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG467.19
Property ConditionVery Good
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofCool/White
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Sussex DE QuadrantsBetween Rt 1 & 113
Tax Annual Amount2729.0
Tax Year2025
UtilitiesCable TV, Propane
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1910
Year Built SourceEstimated
ZoningTN

Exterior for 102 Federal Street

Building Area Total3200.00
Car Parking Spaces8
Land Use Code416
Lot Dimensions60.24 x 119.18 x 54.95 x 55.93 x 52.74
Lot Size Acres0.16
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Other EquipmentSee Remarks
Road ResponsibilityCity/County
Road Surface TypeBlack Top
Total Loading Docks0
Total Parking Spaces8
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Monica Henriques

Real Estate Agent
Price $1,495,000
MLS#DESU2115220
List Date 07/02/2026
Property Type Commercial
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