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112 Park Ave Milford, DE 19963

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For Sale
$499,000

Two-story building in Milford's central business district on Mispillion River.

Lot size:
0.24 Acres

Property Features for 112 Park Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.24 Acres

Building Details

Year built
1953

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Listing Contact
Renee Edge
Renee Edge
Source: Elliman

Listing Agency: Keller Williams Realty Listing Agent: Renee Edge

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

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Overview

Downtown Milford Commercial Property Opportunity

Located in the central business district of Milford, Delaware, this commercial property offers a business opportunity on the Mispillion River. The two-story building features a showroom, office space, storage rooms, a large drive-in garage area, a paint booth area, a bathroom, and an upstairs sewing room with additional storage space. An additional section with a separate entrance and electric provides open space and a bathroom, suitable for a separate business or leasing for income. The building includes sixteen-inch beams on the ceiling and 20 feet of ceiling clearance, along with a recently updated flat roof. The property includes a sidewalk in the front and a private parking lot on the side. The Mispillion River provides water views, with park views across the river. The sale includes two parcels. The property is currently operated as an Auto Trim and Accessories Shop. Potential business uses include a flower shop, restaurant, retail store, barber shop, craft distillery and microbrewery, tavern, antique shop, or laundry. Additional public parking is available at the adjacent shopping center. Located in a Federal Opportunity Zone, the property may qualify for Downtown Development District incentives, including rebates on construction costs and waived building permit and impact fees. Milford is split between Kent and Sussex Counties and has a growing downtown area with a riverwalk, dog park, public park, nature trail, kayak/boat launch, shopping centers, and a public library. 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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

TJS Repair, Mid-Atlantic Auto Restoration Supplies, Aim Inc, Six Deuces Speed Shop, RV Slideout Sweep

Location Insight

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  • Local Demand
City
Milford
County
Sussex
State
Delaware
Longitude
-75.4267078
Latitude
38.9137212

FAQs

What type of property is this?
Auto shop - Two-story building in Milford's central business district on Mispillion River.
Where is this auto shop located?
The property is located at 112 Park Ave 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 multiple permitted commercial uses.; - Large, clean, two-story building with flexible space, including showroom, office, storage, drive-in garage, and a separate section with its own entrance and electric.; - Potential income opportunity by leasing out the separate section of the building.
More about this property
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