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Listing in Milford, DE

MLS #DEKT2001160
Listing #DEKT2001160: image #1

$ 1,000,000

Lot Size Area: 3 Square Feet
Lot: 114,127 sq. ft.
  • 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 development Incentives: Federal Opportunity Zone & downtown development grants, credits, etc High demand market Waterfront on 3-sides
    Listed By: 
    SVN/Miller Commercial Real Estate
  • Property Details
    Commercial Subtype: 
    Commercial Buildings For Sale
    Lot Size ( W x L ): 
    1.40 x 0.00
    Lot Size Unit (ft/acre): 
    Square Feet
    Lot Sq. Feet: 
  • Exterior Features
    Public Sewer
  • Interior Features

    Interior Features

    Heating System: 
    Cooling System: 


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