Listed By:
MASTEN REALTY LLC
MASTEN REALTY LLC
$1,650,000 7 Marshall Street Milford, DE
MLS: DESU2026934 Type:
County: Sussex City: Milford Area: Cedar Creek Hundred Zip: 19963 Style: Auto Related,Manufacturing,Parking Lot,Storage,War Taxes: $3,476
Beds |
Baths |
Half Baths |
Sqr Footage |
Acres |
Built |
0 |
0 |
0 |
21,000 |
2 |
1940 |
Historically known as "The Spoon Mill" along the Riverwalk in Downtown Milford. This mixed use industrial and residential property offers income with 7 tenants in the warehouse/office spaces, a lease with T-Mobile cell tower, 2 residential single family home tenants, and vacant land that has potential to expand the flex space or build townhomes. A synopsis of the property can be provided showing current rents and expenses. There will be approx. 7,000 SF of warehouse and office space available that is occupied by the owner. Approx. 21,000 SF of warehouse and office space, two homes sits on a total of 2 acres that stretched the entire block on the Marshall St/River side of the property. Sales includes 4 parcels total (330-7.17-48.00, 49.00, 67.00, & 68.01)
Price History
| 8/8/2022 |
Listed $1,650,000
|
| Acceptable Financing |
Cash, Conventional |
| Accessibility |
None |
| Association Recreation Fee |
N |
| Body of Water |
Mispillion River |
| Business Type |
Auto Related, Manufacturing, Parking Lot, Storage, Warehouse |
| Construction Materials |
Metal Siding |
| Cool Fuel |
Other |
| Cooling |
Other |
| County |
SUSSEX |
| Days on Market |
207 |
| Electric |
200+ Amp Service, 3 Phases |
| Heating |
Other |
| Historic Y/N |
N |
| Location Type |
Downtown |
| Lot Size Square Feet |
87120.00 |
| MLS Area |
Cedar Creek Hundred (31004) |
| New Construction |
N |
| Percent Ownership |
Fee Simple |
| Possession |
31-60 Days CD |
| Possible Use |
Commercial, Development, Flex Space, Industrial, Investment, Mini-Storage, Multi-Family, Residential, Special Purpose, Storage Yard |
| Price Per Sq Ft |
78.57 |
| Property Condition |
Very Good |
| Property SubType |
Mixed Use |
| Property Type |
Commercial Sale |
| Property Use |
Investment |
| Roof |
Asphalt, Metal |
| Sewer |
Public Sewer |
| Sussex DE Quadrants |
Between Rt 1 & 113 |
| Tax Annual Amount |
3476.0 |
| Tax Year |
2021 |
| Total Units |
0 |
| Utilities |
Electric Available, Sewer Available |
| Vacation Rental Y/N |
N |
| Water Access Y/N |
N |
| Waterfront Y/N |
N |
| Year Built |
1940 |
| Zoning |
I1/R2 |
| Zoning Description |
Town Codes |
Interior Features
| Central Air Y/N |
N |
| Clear Span Ceiling Height |
10' to 12', 12' to 15' |
| Flooring |
Concrete |
| Heating Fuel |
Other |
| Heating Y/N |
Y |
| Hot Water |
Electric |
Exterior Features
| Building Area Total |
21000.00 |
| Car Parking Spaces |
20 |
| Fencing Y/n |
Y |
| Lot Dimensions |
0.00 x 0.00 |
| Lot Features |
Additional Lot(s), Corner |
| Lot Size Acres |
2.00 |
| Lot Size Source |
Estimated |
| Navigable Water Y/N |
N |
| Parking Features |
Private |
| Road Responsibility |
City/County |
| Road Surface Type |
Paved |
| Total Parking Spaces |
30 |
| Type of Parking |
Driveway, Private Garage |
| Water Body Type |
River |
| Water Oriented Y/N |
Y |
| Water Source |
Public |
| Water View Y/N |
N |
Property
Schools
Direct Link:
https://www.djhomesforsale.com/property/382-DESU2026934-7-marshall-street-milford-DE-19963
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