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611 Federal St Milton, DE 19968

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For Sale
$3,975,000

Fully leased medical office park with expansion potential in Milton, DE.

Building Details

Year built
2009

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Listing Contact
Wesley Cox
Wesley Cox
Source: Svnmiller

Listing Agency: SVN |Miller Commercial Real Estate Listing Agent: Wesley Cox

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Milton Medical Park Investment Opportunity

Milton Medical Park is a fully leased medical office campus located in Milton, DE. The park consists of two existing buildings totaling 12,860 square feet and offers multi-tenant diversification. Building #1 comprises 6,250 square feet, and Building #2 is 6,610 square feet; both are fully leased to long-standing medical office tenants. The property provides approximately 80 on-site parking spaces, multiple monument signs, and accessibility. The park includes a pad site for a future approximately 3,264 square foot office building, providing an opportunity for expansion in a growing market. Sussex County is one of the fastest-growing markets on the East Coast, and with zoning and development constraints allowing for limited commercial construction to service that growth, there is long-term value in place. Strategically located near downtown Milton and Route 1, and with over 2,000 new residential homes under construction or in planning, Milton Medical Park combines visibility, accessibility, and long-term growth potential. Located at 611 Federal Street, this investment property sits in the heart of Milton, Delaware’s walkable downtown district. Federal Street is a core downtown corridor, placing the property within immediate proximity to Main Street businesses, local restaurants, breweries, boutique retailers, municipal offices, and community gathering spots. The location benefits from local traffic, an established residential base with over 2,000 new residential lots in planning, and year-round demand. Its position within downtown Milton creates a live-work-play environment that supports long-term occupancy stability. The location is also positioned minutes from Route 1, providing access to Lewes, Rehoboth Beach, and the greater coastal Delaware region, while retaining Milton’s historic charm. Continued public and private investment throughout downtown Milton enhances the long-term upside of this location.
Location Intelligence

Current Use by Public Records

Ocean Medical Imaging ... Medical Clinic Ocean Medical Imaging ... Physician Jonathan Patterson, MD Physician Urology Associates of Delaware Medical Clinic Melvin Morse Pediatrician

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Skin Care Clinic

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

Location Insight

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  • Local Demand
City
Milton
County
Sussex
State
Delaware
Longitude
-75.3143704
Latitude
38.770118

FAQs

What type of property is this?
Medical Office Space - Fully leased medical office park with expansion potential in Milton, DE.
Where is this medical office space located?
The property is located at 611 Federal St Milton, DE.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: - Fully leased medical office park with long-standing tenants, providing immediate income.; - Located in Sussex County, one of the fastest-growing markets on the East Coast, ensuring long-term value.; - Includes a pad site for a future +/-3,264 SF office building, offering expansion potential.
More about this property
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