10 S WALNUT ST, Milford, DE 19963
10 S WALNUT ST, Milford, DE 19963
10 S WALNUT ST, Milford, DE 19963
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Listed by Keith Walpole • R&R Commercial Realty
$689,000
Est. payment /mo
2,178 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID DESU2111132

Year Built 1885

Annual Tax Amount $2,252

Tax Year 2025

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 21.00 x 115.00

Property Sub-Type Retail

Source BRIGHT

Property Description

Turnkey, income-producing opportunity in the heart of Milford—ideal for an owner-user or investor seeking immediate cash flow with upside potential. The second floor is fully leased on a month-to-month basis and currently generating income.

The first floor offers exceptional flexibility: continue operating the existing ice cream shop for immediate revenue, rebrand with your own retail concept, or sell the existing business and equipment to a new operator while maintaining rental income from the space.

Positioned in a growing market with strong proximity to Delaware's beach destinations and expanding retirement communities, this property benefits from increasing year-round and seasonal traffic.

A rare opportunity to acquire a versatile commercial asset with multiple income strategies—perfect for entrepreneurs and investors alike.

Location

State DE

County Sussex

Area Cedar Creek Hundred (31004)

Zoning TN

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment See Remarks

Heat Source Propane - Leased

Exterior

Garage Spaces 6.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 6

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Banneker

Middle Schools Mariner

High Schools Milford

School District Milford

Others

Tax ID 130-01.20-69.00

Ownership Fee Simple

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard


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Bill Beards

Bill Beards

+1(610) 334-4527

REALTOR® | License ID: RS287399

REALTOR® License ID: RS287399

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