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Listing IDDESU2026934
Price$1,650,000
SqFt
21,000
Acres
2
StatusPENDING
CountySussex
Year Built1940
Property TypeCommercial Sale
Property Sub TypeMixed Use
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)
County
Sussex
Price/SqFt
78.57
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1940
Zoning
I1/R2
Building Total SqFt Source
Estimated
Central Air
no
Cooling Type
Other
Flooring Type
Concrete
Heating
yes
Heating Type
Other
Car Parking Spaces
20
Construction Materials
Metal Siding
Cooling Fuel
Other
Drive In Door Height
8' to 12'
Electric Service
200+ Amp Service, 3 Phases
Fencing
Y
Heating Fuel
Other
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Parking Features
Private
Road Responsibility
City/County
Road Surface Type
Paved
Roof
Asphalt, Metal
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
30
Total Loading Docks
1
Truck/Trailer Parking Spaces
10
Type of Parking
Driveway, Private Garage
Utilities
Electric Available, Sewer Available
Water Access
no
Water Body Name
Mispillion River
Water Body Type
River
Water Oriented
yes
Water Source
Public
Water View
no
Country
US
In City Limits
yes
Location Type
Downtown
MLS Area
Cedar Creek Hundred (31004)
Traffic Count
Less Than 1000
Waterfront
no
Zoning Description
Town Codes
Accessibility Features
None
Business Type
Auto Related, Manufacturing, Parking Lot, Storage, Warehouse
Days on Market
207
Historic
no
Land Use Code
CO
Municipal Trash
yes
Potential Tenancy
Multiple
Property Condition
Very Good
Property Manager
N
Property Use
Investment
Sussex DE Quadrants
Between Rt 1 & 113
Year Assessed
2021
Year Built Source
Estimated
Acceptable Financing
Cash, Conventional
Association Recreation Fee
N
Automatically Update Tax Values
yes
Ground Rent Exists
no
Lease Considered
no
Net SqFt
21000
Ownership Interest
Fee Simple
Possession
31-60 Days CD
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
3476
Tax Opportunity Zone
Y
Tax Year
2021
Vacation Rental
no
Listing courtesy of MASTEN REALTY LLC 3024221850
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of MASTEN REALTY LLC. Data last updated on Wednesday, June 7th, 2023 04:56:00 AM.
Contact - Listing ID DESU2026934
John Luca
88 Lantana Dr.
Hockessin, DE 19707
Phone: 3029996966
Phone Alt: 3027405872
Data services provided by IDX Broker
