Downtown Milford Commercial Property
112 PARK AVENUE, Milford, DE 19963
Two-story building in Milford's central business district near Mispillion River.
Type:Commercial/Industrial
Lot size:
0.24 Acres- Added:
- Mar 12, 2026
- Days on Market:
- 67
- Last Refresh:
- Apr 5 at 8:32 pm
Property Features for 112 PARK AVENUE
General Information
- Standard status
- Active
- Lot size
- 0.24 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1953
Listing agent Renee Edge License #RA0031042
Listing office Keller Williams Realty (302) 360-0300
Listing date Mar 12, 2026
Source Exitrealty
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 Keller Williams Realty
HighLights
- Prime downtown location in Milford's central business district on the Mispillion River with water views.
- Large, clean, two‑story commercial building with multiple permitted uses and flexible layout.
- Potential income generation through leasing separate section with its own entrance and electric.
- Benefits from 'Downtown Development District' incentives and Federal Opportunity Zone status.
- Includes private parking lot and additional public parking available nearby.
- Recently updated flat roof, 16‑inch ceiling beams, and 20‑foot ceiling clearance.
Overview
Located in the central business district of Milford, Delaware, this commercial property offers a business opportunity on just under a quarter acre along the Mispillion River. The two-story building features a showroom, office space, storage rooms, a drive-in garage area, a paint booth area, a bathroom, and an upstairs sewing room with additional storage. A separate section with its own entrance and electric provides open space and a bathroom, suitable for a separate business or leasing opportunity. The building includes sixteen-inch beams on the ceiling, 20 feet of ceiling clearance, and a recently updated flat roof. A sidewalk is located in the front, and a private parking lot is on the side. The property includes two parcels. The Mispillion River provides water views, with park views across the river. Permitted uses include flower shop, restaurant, retail, barber, craft distillery and microbrewery, tavern, antique shop, and laundry. Additional public parking is available at the adjacent shopping center. Located within a "Downtown Development District" and a Federal Opportunity Zone, the property may qualify for rebates on construction costs, waived building permit and impact fees, and stay of assessed value. The City of Milford has a population just over 10,000. The location is 30 minutes from resort beaches and a few miles from the Delaware Bay shore.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- TJS Repair — 201 Marshall St, Milford, DE 19963
- Mid-Atlantic Auto Restoration Supplies
- Aim Inc — 415 S Washington St, Milford, DE 19963
- Six Deuces Speed Shop — 320 S Rehoboth Blvd, Milford, DE 19963
- RV Slideout Sweep — 301 marshall st, milford, de 19963
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Sussex
- State
- Delaware
- Longitude
- -75.4267
- Latitude
- 38.9137
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Two-story building in Milford's central business district near Mispillion River.
Where is this auto shop located?
The property is located at 112 PARK AVENUE Milford, DE.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Prime downtown location in Milford's central business district on the Mispillion River with water views.; Large, clean, two‑story commercial building with multiple permitted uses and flexible layout.; Potential income generation through leasing separate section with its own entrance and electric.
