$1,150,000
$1,650,000
30.3%For more information regarding the value of a property, please contact us for a free consultation.
21,000 SqFt
SOLD DATE : 07/17/2024
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 21,000 sqft
Price per Sqft $54
MLS Listing ID DESU2026934
Sold Date 07/17/24
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,476
Tax Year 2021
Lot Size 2.000 Acres
Acres 2.0
Lot Dimensions 0.00 x 0.00
Property Description
Historically known as "The Spoon Mill" along the Riverwalk in Downtown Milford. This mixed use industrial and residential property offers income with 7 tenants in the warehouse/office spaces, a lease with T-Mobile cell tower, 2 residential single family home tenants, and vacant land that has potential to expand the flex space or build townhomes. A synopsis of the property can be provided showing current rents and expenses. There will be approx. 7,000 SF of warehouse and office space available that is occupied by the owner. Approx. 21,000 SF of warehouse and office space, two homes sits on a total of 2 acres that stretched the entire block on the Marshall St/River side of the property. Sales includes 4 parcels total (330-7.17-48.00, 49.00, 67.00, & 68.01)
Location
State DE
County Sussex
Area Cedar Creek Hundred (31004)
Zoning I1/R2
Interior
Hot Water Electric
Heating Other
Cooling Other
Flooring Concrete
Heat Source Other
Exterior
Garage Spaces 30.0
Utilities Available Electric Available, Sewer Available
Waterfront N
Water Access N
Roof Type Asphalt,Metal
Street Surface Paved
Accessibility None
Road Frontage City/County
Parking Type Driveway, Private Garage
Total Parking Spaces 30
Garage N
Building
Lot Description Additional Lot(s), Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Milford
Others
Tax ID 330-07.17-68.01
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with WES CROMER • MASTEN REALTY LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "