211 Broadkill Rd Milton, DE 19968

Listing office Compass d***@theoldfathergroup.com Show Phone

Listing date Jul 15, 2024

Source Exprealty

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Investment Insights

Based on property information with market context.

Located at 211 Broadkill Rd in Milton, DE, this 3.3-acre commercial parcel offers high traffic count and visibility. Zoned for commercial use, the property is suited for retail, office, or mixed-use development. The site includes a 2,559 SF building occupied by a local restaurant. The current restaurant lease is in place until July 31, 2027, with a monthly rent of $3,500 under net terms, providing a stable income stream. The property is surrounded by established businesses and is close to major roadways, making it accessible to regional and local consumers. The area's population growth and demand for commercial services enhance the potential for success. This property offers an opportunity to capitalize on the Milton market.

Key Highlights

• Prime 3.3‑acre commercial parcel with high traffic count and exceptional visibility on Broadkill Rd.
• Zoned for commercial use, ideally suited for retail, office, or mixed‑use development.
• Existing 2,559 SF building with a thriving restaurant tenant under a lease until 7/31/27, generating $3,500 monthly rent.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 3.3-acre commercial parcel with high visibility and income stream.

Where is this commercial land located?

The property is located at 211 Broadkill Rd Milton, DE.

What is the asking price?

The asking price for this property is $1,950,000.

What are key features of this property?

This property features: Prime 3.3‑acre commercial parcel with high traffic count and exceptional visibility on Broadkill Rd.; Zoned for commercial use, ideally suited for retail, office, or mixed‑use development.; Existing 2,559 SF building with a thriving restaurant tenant under a lease until 7/31/27, generating $3,500 monthly rent.