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1 N Maple Avenue

MILFORD, DE 19963
  • $1,000,000
  • STATUS: Active
  • ON SITE: 120 Days
  • ID#: DEKT2001160
UPDATED: 28 min ago
$1,000,000
  • 0
    BEDS
  • 2.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:

School Ratings & Info

School District:

Description

Waterfront Apartment land!! Waterfront on 3-sides!! This is an opportunity to help meet the high demand for new apartments within Sussex & Kent County. This property has a total of 3 +/- acres with the Mispillion River going right through it, and is situated in downtown Milford, DE adjacent to the Sussex County limits. There is the potential for 50+/- residential units with a commercial component as well. Recent apartment projects have been fully leased very quickly showing the demand in the market in this rapidly growing region. Several incentives are available to help fulfill the residential demand for the market to include the Federal Opportunity Zone as well as downtown development district grants.Multifamily developmentIncentives: Federal Opportunity Zone & downtown development grants, credits, etcHigh demand marketWaterfront on 3-sides

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T13:50:32.84.
www.coastline-realty.com/homes/120098703
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1 N Maple Avenue MILFORD, DE 19963

  • Price: $1,000,000
  • Status: Active
  • On Site: 120 Days
  • Updated: 28 min ago
  • ID#: DEKT2001160
0
Beds
0
Baths
0
½ Baths
2.62
Acres
1940
Built
Neighborhood:
Milford (30805)
County:
Kent
Area:
Milford (30805)
School District:
Milford
Property Description
Waterfront Apartment land!! Waterfront on 3-sides!! This is an opportunity to help meet the high demand for new apartments within Sussex & Kent County. This property has a total of 3 +/- acres with the Mispillion River going right through it, and is situated in downtown Milford, DE adjacent to the Sussex County limits. There is the potential for 50+/- residential units with a commercial component as well. Recent apartment projects have been fully leased very quickly showing the demand in the market in this rapidly growing region. Several incentives are available to help fulfill the residential demand for the market to include the Federal Opportunity Zone as well as downtown development district grants.Multifamily developmentIncentives: Federal Opportunity Zone & downtown development grants, credits, etcHigh demand marketWaterfront on 3-sides
Exterior Features

Construction Materials Vinyl SidingBlock Garage YN No Parking Types Parking Lot Water Access YN Yes Water Body Type River Water Oriented YN Yes Water View YN No Waterfront YN Yes

Interior Features

Building Area Total 0.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 20130.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2021 Association YN No Business Type Apartment BuildingProfessionalOther/General Retail Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800870877268 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4111.00 Tax Assessment Amount 184000.00 Tax Lot 7900-000 Vacation Rental YN No Water Source Public Zoning C2

Listing courtesy of Svn/Miller Commercial Real Estate.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or CoastLine Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-04T13:50:32.84.
 
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CoastLine Realty
31 Saulsbury Road, Suite 2
Dover DE, 19904