Two-Building Retail and Industrial
719 S Dupont Boulevard Milford, DE 19963
For Sale
$625,000
Two buildings with direct frontage and on-site parking support retail, office, and light industrial or storage uses.
Property Size2,208 SF
Price / SF$283.06
Days on Market419
Property Features for 719 S Dupont Boulevard
General Information
Standard status
Active
Size
2,208 SF
Property subtype
Retail
Building Details
Year Built
1954
Listing Agency:
R&R Commercial Realty
(302) 674-3400
Listed By:
Keith Walpole · License #RS-0014425
(302) 674-3400
Source:
Xome
Added: Jun 7, 2025
Changed: Jul 10
Last Checked: Jul 16 at 7:40AM
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.
The property consists of two versatile buildings totaling a little over 4,400 square feet. The front building includes about 2,200 square feet of space suited for retail, office, or service-oriented operations. The rear building adds another approximately 2,200 square feet and can support storage, light industrial use, or business expansion. The site includes a sizable lot and ample parking for customer and employee access.
The buildings are positioned on heavily trafficked S Dupont Boulevard (US-113) in Milford, Delaware, with direct road frontage that supports visibility for in-person businesses. The property is located minutes from Route 1 and downtown Milford, which may help support access for both staff and customers.
Offered for sale as a C-3 zoned property, this setup is well suited to an owner-user seeking exposure along US-113 with separate space options for front-of-house use and back-of-house storage or light industrial needs. It may also appeal to investors looking for a flexible two-building configuration that can accommodate multiple operational approaches, depending on their specific tenant or use plans.
The buildings are positioned on heavily trafficked S Dupont Boulevard (US-113) in Milford, Delaware, with direct road frontage that supports visibility for in-person businesses. The property is located minutes from Route 1 and downtown Milford, which may help support access for both staff and customers.
Offered for sale as a C-3 zoned property, this setup is well suited to an owner-user seeking exposure along US-113 with separate space options for front-of-house use and back-of-house storage or light industrial needs. It may also appeal to investors looking for a flexible two-building configuration that can accommodate multiple operational approaches, depending on their specific tenant or use plans.
Key Highlights
- Two commercial buildings totaling 4,408+ SF with direct road frontage on S Dupont Blvd (US‑113)
- Front building offers 2,208 SF suitable for retail, office, or service‑oriented businesses
- Rear building provides 2,200 SF for storage, light industrial use, or business expansion
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $25.68 |
| − Vacancy | −$10.5k | −$4.75 |
| EGI | $46.2k | $20.93 |
| − OpEx | −$11.6k | −$5.23 |
| NOI | $34.7k | $15.70 |
2,208 SF · lease $25.68/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$495.1K
$433.2K – $577.7K
NOI $34,659 @ 7.0% cap · market cap 5.55%
Second Best
Retail
$282.8K
$247.4K – $329.9K
NOI $19,794 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$606.8K
$530.9K – $707.9K
NOI $42,473 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two buildings with direct frontage and on-site parking support retail, office, and light industrial or storage uses.
Where is this retail space located?
The property is located at 719 S Dupont Boulevard Milford, DE.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two commercial buildings totaling 4,408+ SF with direct road frontage on S Dupont Blvd (US‑113); Front building offers 2,208 SF suitable for retail, office, or service‑oriented businesses; Rear building provides 2,200 SF for storage, light industrial use, or business expansion
