CHARIS REALTY GROUP

105-111 NE FRONT STREET

MILFORD, DE 19963

MLS#: DEKT2038828

$1,990,000

Status: Active
Listing number: DEKT2038828
Listing provided by: NAI Coastal
Listing agent phone: None
Last update: 4 months ago
On site: 10 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1945

Sq.Footage

12,422

This is a beautiful, well maintained and recently renovated investment property located in the heart of downtown Milford, DE! Boasting an annual income of over +/- $180,000 at NNN terms, this property offers significant investment and income potential to a qualified Buyer. The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix. The property is located within Milford's Central Business District and is surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware such as Opportunity Zone and Downtown Development District grants. **Seller will consider holding a 2nd mortgage to secure financing for a qualified Buyer.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Heat Pump, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,990,000

  • Tax Amount

    $5,148

  • Zoning

    Commercial

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    7000-000

  • Water Source

    Public

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Location

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KENT

Elementary School

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High School

Listing Courtesy of Chelsye Phillips-Hutton , NAI Coastal

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Agent Christy Issler

Owner, Principal Broker

Christy Issler

Call Christy today to schedule a private showing.

(240) 285-6497

christy@charisrealty.com


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This is a beautiful, well maintained and recently renovated investment property located in the heart of downtown Milford, DE! Boasting an annual income of over +/- $180,000 at NNN terms, this property offers significant investment and income potential to a qualified Buyer. The property contains two Class A, well-established Tenants with recently renewed lease terms, offering sustainable income and a strong Tenant mix. The property is located within Milford's Central Business District and is surrounded by prospering businesses and in close proximity to Route 13. The Central Business District offers multiple incentives through the City of Milford and State of Delaware such as Opportunity Zone and Downtown Development District grants. **Seller will consider holding a 2nd mortgage to secure financing for a qualified Buyer.

105-111 NE FRONT STREET

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#DEKT2047138

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None Beds

None Baths

4,928 Sq.Ft.

$1,600,000

MLS#: DEKT2047138

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None Beds

None Baths

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- property

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