Address
7 Marshall Street, Milford, DE
Price
$ 1,650,000
Property Attributes
- MLS#DESU2026934
- TypePending
- CountySUSSEX
- CityMilford
- AreaCedar Creek Hundred
- Zip19963
- StyleAuto Related,Manufacturing,Parking Lot,Storage,War
- Year Built1940
- Taxes$ 3476
- Price$ 1,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage21000
- Lot Size2 Acres
Data Source:
Bright MLS
Property Description
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 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Utilities | Electric Available,Sewer Available |
| Possession | 31-60 Days CD |
| Roof | Asphalt,Metal |
| Zoning | I1/R2 |
| Construction Materials | Metal Siding |
| Year Built | 1940 |
| Electric | 200+ Amp Service,3 Phases |
| Property SubType | Mixed Use |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Other |
| OwnerPays | Insurance,Lawn/Shrub Care,Taxes - Real Estate |
| Business Type | Auto Related,Manufacturing,Parking Lot,Storage,Warehouse |
| Accessibility | None |
| County | SUSSEX |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Commercial,Development,Flex Space,Industrial,Investment,Mini-Storage,Multi-Family,Residential,Special Purpose,Storage Yard |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | PENDING |
| Directions | Corner of Marshall & Mispillion Streets |
| ModificationTimestamp | 2024-04-01T07:58:54 |
| City | MILFORD |
| Buyer Agent Compensation | 2.5 |
| Body of Water | Mispillion River |
| Zoning Description | Town Codes |
| MLS Area | Cedar Creek Hundred (31004) |
| Lot Size Square Feet | 87120.00 |
| Waterfront Y/N | No |
| Street Name | MARSHALL |
| Tax Annual Amount | 3476.0 |
| Property Condition | Very Good |
| Price Per Sq Ft | 78.57 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 207 |
| Location Type | Downtown |
| Sussex DE Quadrants | Between Rt 1 & 113 |
| Standard Status | Pending |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Other |
|---|---|
| Flooring | Concrete |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Clear Span Ceiling Height | 10' to 12',12' to 15' |
Exterior Features
| Parking Features | Private |
|---|---|
| Lot Features | Additional Lot(s),Corner |
| Water Source | Public |
| Total Parking Spaces | 30 |
| Type of Parking | Driveway,Private Garage |
| Land Use Code | CO |
| Traffic Count | Less Than 1000 |
| Water View Y/N | No |
| Building Area Total | 21000.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 2.00 |
| Road Surface Type | Paved |
| Water Body Type | River |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Total Loading Docks | 1 |
| Road Responsibility | City/County |
| Navigable Water Y/N | No |
| Water Oriented Y/N | Yes |
| Fencing Y/N | Yes |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 19963
Price
Taxes
Visits
Year Built
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