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Turnkey Multi-Level Retail Restaurant

10 S Walnut St Milford, DE 19963

10 S Walnut St, Milford, DE, 19963
$689,000
For Sale
$689,000

Two-floor property with a fully leased second floor on a month-to-month basis and a first-floor ice cream shop.

Days on Market78

Property Features for 10 S Walnut St

General Information

Standard status
Active
Listing agency R&R Commercial Realty
Listed by Keith Walpole · License #RS-0014425
Source Exprealty
Added: May 6 Updated: Jul 22 at 7:04AM Checked: Jul 22 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R&R Commercial Realty


Investment Insights

Based on property information with market context.

This turnkey, income-producing two-story property is configured with an operating ice cream shop on the first floor and a fully leased second floor on a month-to-month basis. The second floor is currently generating rental income.

The first-floor space offers multiple operational paths, including continuing the existing ice cream shop for immediate revenue, rebranding with a new retail concept, or selling the existing business and equipment to a new operator while maintaining rental income from the space.

For buyers seeking a versatile commercial asset that combines current income from the leased second floor with flexibility on the ground level, the property presents a straightforward acquisition with immediate operating and leasing considerations.

Key Highlights

  • Two‑floor commercial property with a first‑floor ice cream shop
  • Second floor is fully leased on a month‑to‑month basis and currently generating income
  • First floor offers flexible use options: continue the ice cream shop, rebrand with a new retail concept, or sell the business and equipment while keeping rental income

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Two-floor property with a fully leased second floor on a month-to-month basis and a first-floor ice cream shop.
Where is this conventional restaurant located?
The property is located at 10 S Walnut St Milford, DE.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Two‑floor commercial property with a first‑floor ice cream shop; Second floor is fully leased on a month‑to‑month basis and currently generating income; First floor offers flexible use options: continue the ice cream shop, rebrand with a new retail concept, or sell the business and equipment while keeping rental income
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