112 Park Ave Milford, DE 19963

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.