112 Park Ave Milford, DE 19963

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.