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Milford Commercial Property with Shops
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2098 Bay Rd, Milford, DE 19963

Commercial property with multiple buildings, ideal for various business uses.

Property Size5,840 SF
Price / SF$402.23
Days on Market180

Property Features for 2098 Bay Rd

General Information

Standard status Active
Size 5,840 SF
Property subtype Industrial
Zoning BG
Investment Type Owner/User

Building Details

Buildings 4
Stories 1
Units 4
Listing Agency: R&R Commercial Realty
Listed By: Keith Walpole · License #DE RS-0014425
Source: Crexi
Added: Feb 12 Changed: Aug 8 Last Checked: Aug 10 at 10:43AM

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 commercial property, located at 2098 Bay Rd, Milford, comprises two parcels and features multiple shop and storage buildings suitable for contractors, trades, automotive, marine, or light industrial applications. The main shop measures 70 feet by 40 feet and includes an office and four 12-foot by 10-foot overhead doors, facilitating equipment and vehicle access. An additional office is located on the side of the shop. Further improvements consist of a 30-foot by 60-foot building with a 24-foot by 12-foot overhead door, along with two sheds measuring 20 feet by 8 feet and 20 feet by 14 feet. The property offers a functional layout with ample parking and high visibility along Bay Road. The property has a fenced-in yard. Encompassing a total size of 5840 square feet, this property presents flexibility for owner-users or investors seeking a well-equipped commercial space.

Key Highlights

  • Ideal for contractors, trades, automotive, marine, or light industrial use.
  • Main 70’ x 40’ shop with office and four 12’ x 10’ overhead doors.
  • Additional 30’ x 60’ building with 24’ x 12’ overhead door.

Property Analytics

Current Use

Flex space

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial property with multiple buildings, ideal for various business uses.
Where is this flex space located?
The property is located at 2098 Bay Rd Milford, DE.
What is the asking price?
The asking price for this property is $2,349,000.
What are key features of this property?
This property features: Ideal for contractors, trades, automotive, marine, or light industrial use.; Main 70’ x 40’ shop with office and **four 12’ x 10’ overhead doors.**; Additional 30’ x 60’ building with **24’ x 12’ overhead door.**
(302) 674-3400 Call to check price and availability
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