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Mixed-Use Income Property

102 FEDERAL STREET Milton, DE 19968

102 FEDERAL STREET, Milton, DE, 19968
$1,495,000
For Sale
$1,495,000

Five leasable units combine three apartments with two commercial spaces, including a restaurant, for diversified income.

Property Size3,200 SF
Price / SF$467.19
Days on Market22

Property Features for 102 FEDERAL STREET

General Information

Standard status
Active
Size
3,200 SF
Property subtype
Commercial

Building Details

Year Built
1910
Listing agency Berkshire Hathaway HomeServices PenFed Realty
Listed by Lee Ann Wilkinson · License #RA-0002064
Source Cummingsrealtors
Added: Jun 30 Updated: Jul 20 at 9:22PM Checked: Jul 21 at 3:36AM

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 Berkshire Hathaway HomeServices PenFed Realty


Investment Insights

Based on property information with market context.

This well-maintained mixed-use income property features five leasable units, with three residential apartments and two commercial spaces. The residential component includes one 3-bedroom apartment and two 2-bedroom apartments. The commercial component includes a restaurant tenant plus a basement for storage, along with an additional leased commercial space.

Located on Federal Street in Historic Downtown Milton, the building offers walkable access to local dining, breweries, specialty shops, parks, and year-round community events.

As a multi-tenant setup, the property provides both residential and commercial income streams within a single ownership, with the added benefit of basement storage tied to the restaurant space.

Key Highlights

  • Mixed‑use income property built in 1910 with five leasable units: three apartments and two commercial spaces
  • Residential unit mix includes one 3‑bedroom apartment and two 2‑bedroom apartments
  • Commercial space includes a restaurant tenant plus additional leased commercial space

Property Analytics

Location Intelligence

Current Use by Public Records

Zava Cafe Milton Restaurant Modern Mixture Too Restaurant

Suggested Use

Parking Lot & Garage Electrical Service Auto Parts Store Dental Office Bakery (Bike/Boat/Book/etc) Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Triplex - Five leasable units combine three apartments with two commercial spaces, including a restaurant, for diversified income.
Where is this triplex located?
The property is located at 102 FEDERAL STREET Milton, DE.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Mixed‑use income property built in 1910 with five leasable units: three apartments and two commercial spaces; Residential unit mix includes one 3‑bedroom apartment and two 2‑bedroom apartments; Commercial space includes a restaurant tenant plus additional leased commercial space
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