1 N Maple Ave, Milford, De 19963

List Price $1,000,000

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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

Essentials

MLS Number
Dekt2001160
List Price
$1,000,000
Standard Status
Active
Waterfront
Y

Location

Address
1 N Maple Ave, Milford, De

Interior

Heating
Other
Heating Fuel
Other
Cooling
Other
Hot Water
Other

Interior Features

    Appliances

      Additional Information

      Acres
      2.62
      Year Built
      1940
      New Construction
      N
      Property Type
      Commercial Sale
      County
      Kent
      Lot Size Dimensions
      1.40 X 0.00
      Listing courtesy of Svn/miller Commercial Real Estate.