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About This Home

This 0-bedroom, 0-bathroom other at 112 PARK Avenue in MILFORD, DE is listed for $499,000. Built in 1953, on a 0.24 acres lot.

Agent Description

PRICE IMPROVEMENT! Bring Offers! Welcome to your downtown business opportunity in the central business district of Milford DE! Just under a quarter acre of commercial property with multiple permitted uses on the Mispillion River! Huge, clean, 2 story building with plenty of space for your business needs!

Presently it has a showroom, office space, storage rooms, large drive in garage area, paint booth area, bathroom, and sewing room upstairs with more storage space. Then you have another section with separate entrance and electric that has plenty of open space and a bathroom.

Have a separate business, utilize the extra space, or lease out the space for income! Sixteen inch beams on the ceiling, 20 feet of ceiling clearance, and a recently updated flat roof. Sidewalk in the front and private parking lot on the side included.

Behind the building is the Mispillion River for nice water views and park views just across the River. Sale includes 2 parcels. Currently being operated as an Auto Trim and Accessories Shop that has been in business over 30 years! Business, equipment, and inventory not included in sale but could be negotiated separately.

Continue with the current business type use that is in place or create your own business venture from one of the many permitted uses. A few ideas are flower shop, restaurant, retail, barber, Craft distillery and microbrewery, tavern, antique shop, laundry, and more.

See the City of Milford Website for a complete list of uses and also included in the photos. Additional public parking is available at next door shopping center. Take advantage of the "Downtown Development District" opportunities for new businesses. Some of these opportunities include rebates on construction costs, building permit and impact fees waived, and stay of assessed value.

Contact the city for more details. You are also in a Federal Opportunity Zone. The City of Milford has a population just over 10,000 and is a city split between Kent and Sussex Counties of Delaware. It is rich in history with ship building as a major industry in the early days, as the Mispillion River goes right to the Delaware Bay.

Today you have a growing city with many businesses downtown, riverwalk area, dog park, public park, nature trail, kayak/boat launch, shopping centers, public library, and many annual town events including parades. Location is just 30 minutes to resort beaches and only a few miles to the shore along the Delaware Bay. Be sure to click the virtual tour link for a video tour! Have a business looking for more room or looking to start a business? Call today!

Key Features

  • Built in 1953
  • 0.24 acre lot
  • 6 parking spaces
  • Waterfront

Property Details

6 spaces
1953

Amenities

WaterfrontA/C

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

112 PARK Avenue

MILFORD, DE 19963

Property Details

Construction

Block Concrete

Parking

Parking Lot

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 112 PARK Avenue is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 1953, 0.24 acre lot, 6 parking spaces, Waterfront.

This property is listed by Renee Edge and can be reached at 3025355599 or reneeedge@kw.com.

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RE

Renee Edge

Agent at Keller Williams Realty

(302) 535-5599

Listed by Keller Williams Realty

MLS# DEKT2006694· Source: listhub· Updated 1534 days ago

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

112 PARK Avenue, MILFORD, DE 19963

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