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Professional Office Building
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28 S Walnut St, Milford, DE 19963

Professional office building with four offices, conference room, break room, and hardwood floors on a corner lot.

Property SizeContact for details
Days on Market124

Property Features for 28 S Walnut St

General Information

Standard status Active
Property subtype Office

Additional Details

Office Units 4

Amenities

conference room
break room
bathrooms
hardwood floors
Listing Agency: The Commercial Moving Experience Real Estate
Listed By: Chuck Spiegelman · License #DE RA-0020123
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 3:34AM

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 The Commercial Moving Experience Real Estate

Investment Insights

Based on property information with market context.

The Wattay Milford Office is a professional office property featuring four offices, a conference room, a break room, and bathrooms. Hardwood floors are throughout the building, creating a consistent look across the space.

The building sits on a corner lot next to the Milford Tavern and is located in the City of Milford. It is within walking distance of the Milford Library, Milford Museum, the Mispillion Riverwalk, and downtown Milford’s shopping and restaurants.

Zoned for professional office, the layout is designed for an established office environment that can support team work areas alongside meeting and break space.

Key Highlights

  • Professional office building in the City of Milford, zoned for professional office
  • Four offices plus conference room, break room, and bathrooms
  • Hardwood floors throughout

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Catering Service Home Appliance Store Pet Grooming Service

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

4
Office units

Location Intelligence

Trade Area within ½ mile

162
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
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Frequently Asked Questions

What type of property is this?
Office building - Professional office building with four offices, conference room, break room, and hardwood floors on a corner lot.
Where is this office building located?
The property is located at 28 S Walnut St Milford, DE.
What are key features of this property?
This property features: Professional office building in the City of Milford, zoned for professional office; Four offices plus conference room, break room, and bathrooms; Hardwood floors throughout
More about this property
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