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Milford,DE 19963
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $156
MLS Listing ID DEKT2033012
Originating Board BRIGHT
Year Built 2001
Annual Tax Amount $2,050
Tax Year 2023
Lot Size 2 Sqft
Lot Dimensions 1.00 x 0.00
Property Description
Prime Investment Opportunity: 2-Acre Secure Commercial Property with Reliable Income. This 2-acre property in Kent County is a solid investment opportunity, featuring Business Park (BP) zoning and a secure, fenced perimeter with gated vehicle access. Minimal maintenance needs make this a hassle-free asset for investors seeking immediate returns. The larger 7,200 sq ft (60x120) single-story metal building is fully leased under a gross lease, providing steady rental income with a long-term tenant. The additional 2,400 sq ft (40x60) single-story metal building is currently owner-occupied and framed, offering flexibility for future leasing or customization. The property owner has already commissioned site plans to establish independent utilities for this building, improving its usability and appeal to prospective tenants. The current tenant has also expressed interest in expanding operations into this space, increasing potential cash flow. This property delivers a compelling mix of stable income and growth potential. Contact us today for more information or to arrange a showing.
Location
State DE
County Kent
Area Milford (30805)
Zoning BP
Interior
Hot Water None
Heating Heat Pump - Gas BackUp
Cooling Central A/C
Flooring Concrete,Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Utilities Available Natural Gas Available,Electric Available,Sewer Available
Water Access N
Roof Type Metal
Street Surface Paved
Accessibility None
Total Parking Spaces 20
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Milford
Others
Tax ID MD-16-17300-01-0321-000
Ownership Fee Simple
SqFt Source Estimated
Security Features Security Gate
Special Listing Condition Standard