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$899,000

Est. payment - /mo

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8,715 SqFt

Under Contract

127 NW FRONT ST Milford, DE 19963

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Shayna Queen

shayna@shaynaqueenrealestate.com +1(443) 228-6688

UPDATED:

10/18/2024 08:45 PM

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

Square Footage 8,715 sqft

Price per Sqft $103

MLS Listing ID DEKT2014232

Originating Board BRIGHT

Year Built 1811

Annual Tax Amount $2,098

Tax Year 2023

Lot Size 0.285 Acres

Acres 0.29

Lot Dimensions 71.00 x 175.00

Property Description

A great opportunity to own a historic commercial investment property in downtown Milford. The Governor Tharp building underwent a full renovation completed in 2007. This three-story building currently hosts seven apartments and one commercial retail space all of which are currently occupied with long term tenants. In the rear of the building, you will find a freshly paved asphalt parking lot with 15 spaces. This income producing property would be a nice addition to investors looking to expand their portfolio.

Location

State DE

County Kent

Area Milford (30805)

Zoning C2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 15.0

Waterfront N

Water Access N

View Street

Street Surface Black Top

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 15

Garage N

Building

Lot Description Corner

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Milford

Others

Tax ID MD-16-18310-02-7600-000

Ownership Fee Simple

SqFt Source Assessor

Security Features Sprinkler System - Indoor

Special Listing Condition Standard

Listed by Dustin Parker • The Parker Group

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Shayna Queen

Agent | License ID: 5001395

+1(443) 228-6688

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