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Freestanding Commercial Building with BG Zoning
For Sale
$949,000

1973 Bay Road, Milford, DE 19963

Fully leased freestanding building on high-visibility Bay Road, zoned BG for retail, office, and medical uses.

Property Size14,400 SF
Price / SF$65.90
Days on Market392

Property Features for 1973 Bay Road

General Information

Standard status Active
Size 14,400 SF
Property subtype Commercial
Zoning BG
Occupancy 100%
Lease Term []

Building Details

Year Built 1975
Listing Agency: R&R Commercial Realty
Listed By: Keith Walpole · License #RS-0014425
Source: Deepcreeklake
Added: Jul 14, 2025 Changed: Aug 8 Last Checked: Aug 8 at 3:42PM

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 R&R Commercial Realty

Investment Insights

Based on property information with market context.

This offering presents a fully leased, income-producing freestanding commercial building comprising approximately 4,400 square feet. The property is positioned as a versatile use asset, with a tenant in place at the time of sale and the structure configured for commercial occupancy.

Located on Bay Road in Milford, Delaware at 1973 Bay Road, the building benefits from high-visibility along a corridor setting. The site is zoned BG (Business General), providing flexibility across a broad range of commercial categories.

Zoned BG, the property supports permitted commercial uses that include retail, office, medical, and service-based businesses, among other options. This makes the building a practical fit for owner-users evaluating a leased asset with an established operating setup, as well as for investors seeking to acquire a freestanding commercial property with an active tenancy and zoning that can accommodate multiple business types.

Key Highlights

  • ±4,400 SF freestanding commercial building on Bay Rd.
  • Fully leased, providing income‑producing status.
  • Zoned BG (Business General).

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Plumbing Service Storage Facility Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 19963, DE

20,827
Population
10,300
Households
2
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
105.1 sq mi
ZIP Area
198
Density / Sq Mi
$65,420
Median Household Income
$40,157
Median Earnings
$1,161
Median Rent
$291,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased freestanding building on high-visibility Bay Road, zoned BG for retail, office, and medical uses.
Where is this office building located?
The property is located at 1973 Bay Road Milford, DE.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: ±4,400 SF freestanding commercial building on Bay Rd.; Fully leased, providing income‑producing status.; Zoned BG (Business General).
More about this property
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