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    1 N Maple Avenue

    MILFORD, DE 19963
    • $1,000,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: DEKT2001160
    $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 Barrows and Associates | Ocean Atlantic Sotheby's International 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: 2021-09-27T23:51:31.99.
    www.barrowsandassociates.com/homes/120098703
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    1 N Maple Avenue MILFORD, DE 19963

    • Price: $1,000,000
    • Status: Active
    • 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 2020 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 4143.00 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 Barrows and Associates | Ocean Atlantic Sotheby's International 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: 2021-09-27T23:51:31.99.
     
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    Barrows and Associates | Ocean Atlantic Sotheby's International Realty
    18949 Coastal Highway Suite 304
    Rehoboth Beach DE, 19971