Share: 

Premier Development Opportunity 3.72+/- Acres Commercial Signalized Intersection

July 18, 2023

Story Location:
609 NE Front St.
Milford, DE 19963
United States

Prime location at signalized intersection with excellent visibility and road frontage on the corner of NE Front St. and N. Rehoboth Blvd., Milford, De.  Three parcels of land consisting of 3.72+/- Acres with split commercial and industrial zoning located in close proximity to Coastal Hwy., the NE Front St. Milford Bypass, Bayhealth Medical Hospital and Milford’s premier waterfront area.  Milford is experiencing a housing and business boom with over 100+ apartments fully approved with entrance complete directly across the street.  Just a few hundred yards away, construction has started on a 10,000 sq.ft. +/- new sports bar and the downtown street scape and revitalization project is currently underway.  This is the gateway to Milford’s downtown business district which is a town on the upswing with a whole new vision.  Excellent development incentives include:  Federal Opportunity Zone and potential for downtown development grants, credits, etc.  City water and sewer.  Ideal location for redevelopment.  Sale includes 609 NE Front St., 701 NE Front St. and 201 N. Rehoboth Blvd.  $1,250,000.00 for all three parcels.  Please call Alison Bailey @NextHome Tomorrow Realty (302) 236-0286 myagentbailey@gmail.com for additional information.

Subscribe to the CapeGazette.com Daily Newsletter