280 Rehoboth Blvd, Milford, DE 19963

Property Details for 280 Rehoboth Blvd

Year built

1960

Lot size

0.62 lot acres

Zone code

C3

Property type

Commercial real estate

APN

5-16-174.18-02-58.00-000

APU

51617418025800000

Description

This exceptional mixed-use property at 280 N Rehoboth Boulevard, Milford, Delaware, presents a compelling investment opportunity. The 3,580 square foot building sits on a 0.62-acre lot and is currently configured as two separate units, though easily adaptable to accommodate a third. The property boasts a long and consistent history of full occupancy, generating immediate income for the new owner. Priced below replacement cost, this represents a significant value proposition in the competitive commercial real estate market. Ample on-site parking is available, and the property offers considerable potential for future expansion. The commercially zoned lot provides flexibility for a variety of uses. Avoid the complexities and delays associated with new construction and begin realizing a return on your investment from day one. This affordable, high-performing asset is a rare find in today's market and is poised for continued success. The property's prime location in Milford, Delaware, ensures easy access to local amenities and a strong tenant base. Don't miss this chance to acquire a stable and profitable commercial property with significant upside potential. Act quickly, as opportunities like this are seldom available.

Location Insight

City

Milford

County

Kent

State

Delaware

Longitude

-75.4247

Latitude

38.9228

CBSA code

20100

CBSA name

DOVER, DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments