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    11 Church Avenue

    MILFORD, DE 19963
    • $1,000,000
    • STATUS: Active
    • ON SITE: 79 Days
    • ID#: DEKT2001152
    UPDATED: 56 min ago
    $1,000,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1924
    County:

    School Ratings & Info

    School District:

    Description

    Waterfront! Exciting adaptive reuse opportunity of a former historic firehouse with a variety of options available. The potential highest and best use could be to transform into much needed apartments, or into a mixed-use project with office or retail on the first-floor apartments above. The exterior has been well preserved as seen in the photos. The building is located in the downtown core of Milford, DE just north of the rapidly expanding Delaware beach market, and is also alongside the Mispillion River. The building's interior is in a shell condition with vaulted ceilings in a portion of it. This is within the Federal Opportunity Zone and also qualifies for several other programs including the historic district credits, National Historic Preservation, and the City of Milford Downtown Development District grants & credits. Grants and credits, not including the opportunity zone benefits, could total hundreds of thousands of dollars. Potential density is for first floor retail/office and 14 apartments above, or no mixed-use and 14 larger sized apartments.Unique opportunity - Adaptive reuse of a historic waterfront firehouseAmple grants & tax credits available ($100's K)Apartment demand is highShort distance to Delaware beach market

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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: 2021-10-24T13:50:49.297.
    www.coastline-realty.com/homes/120098701
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    11 Church Avenue MILFORD, DE 19963

    • Price: $1,000,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: DEKT2001152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1924
    Built
    Neighborhood:
    Milford (30805)
    County:
    Kent
    Area:
    Milford (30805)
    School District:
    Milford
    Property Description
    Waterfront! Exciting adaptive reuse opportunity of a former historic firehouse with a variety of options available. The potential highest and best use could be to transform into much needed apartments, or into a mixed-use project with office or retail on the first-floor apartments above. The exterior has been well preserved as seen in the photos. The building is located in the downtown core of Milford, DE just north of the rapidly expanding Delaware beach market, and is also alongside the Mispillion River. The building's interior is in a shell condition with vaulted ceilings in a portion of it. This is within the Federal Opportunity Zone and also qualifies for several other programs including the historic district credits, National Historic Preservation, and the City of Milford Downtown Development District grants & credits. Grants and credits, not including the opportunity zone benefits, could total hundreds of thousands of dollars. Potential density is for first floor retail/office and 14 apartments above, or no mixed-use and 14 larger sized apartments.Unique opportunity - Adaptive reuse of a historic waterfront firehouseAmple grants & tax credits available ($100's K)Apartment demand is highShort distance to Delaware beach market
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No 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 17870.00

    Property Features

    Accessibility Features Elevator Assessment Year 2021 Association YN No Business Type Apartment BuildingProfessionalOther/General RetailInstitutional 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 800870188560 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8545.00 Tax Assessment Amount 382500.00 Tax Lot 6900-000 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: 2021-10-24T13:50:49.297.
     
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    Dover DE, 19904