Current Use by Public Records
- Office Spaces
Property Details for 2318 Bay Rd
- Year built
- 1947
- Property type
- Office Spaces
Description
This exceptional Milford, Delaware office property, located at 2306, 2318 & 2332 Bay Rd (APN MD-00-15200-01-4607-000), offers three executive office suites totaling 3,100 square feet. Currently fully vacant, this Class B building presents a unique opportunity for immediate occupancy. Built in 1947, the property is zoned BG (General Business District), allowing for a variety of commercial uses. Each of the three suites is available for lease at a monthly rate of $1700. The lease structure is a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and maintenance in addition to base rent. The property's location in Milford, DE, zip code 19963, provides convenient access to local amenities and transportation. This is an excellent opportunity for a business seeking a well-located, versatile office space in a thriving Delaware community. The property is not suitable for residential use. All interested parties should verify zoning regulations and restrictions with the local authorities before proceeding.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Kent
- State
- Delaware
- Longitude
- -75.4344
- Latitude
- 38.9712
