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1 N MAPLE AVENUE, MILFORD, DE 19963

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Listing Type
commercial/industrial
Listing Status
pending
Explore Milford, DE
20
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
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$1,000,000

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Home Details for 1 N MAPLE AVENUE

Price
$1,000,000
Type
commercial/industrial
Year Build
1940
Sq. Ft.
-
Lot Size
2.62
County
KENT
Tax
$4,110
MLS Listing#
DEKT2001160
On exitrealty.com
326 days

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 development Incentives: Federal Opportunity Zone & downtown development grants, credits, etc High demand market Waterfront on 3-sides

Property Features

EXIT CENTRAL REALTY
598 N. DuPont Hwy, Dover, DE 19901
$1,000,000

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EXIT CENTRAL REALTY
598 N. DuPont Hwy, Dover, DE 19901