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10 Church StMilford, DE 19963Price: $500,000

  • Price: $500,000
  • 72 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $500,000List Price
  • 0.57Acreage
  • 1996Year Built

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Apartment land!! Also, Income producing while you obtain approvals!! Waterfront multifamily development opportunity located in the federal opportunity zone and also eligible for downtown development district grants, credits, and fee waivers. The property currently has a 3920 SF office building that is leased so the property cash-flows while you are going through the development approval process. Zoning could allow for 8 - 11 residential units. Recent new apartment projects have 100% leased up very quickly showing the demand in the market. Two sides of the property are along the waterfront with a newly installed riverwalk and bridge connecting other property along the riverfront. Also nearby are other potential development sites that can be offered together as part of this package. Ask broker for details. Waterfront Multifamily development potential Currently leased - Generating income while going through the approval process Federal Opportunity Zone & Downtown Development grants available

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Listed by Wesley Cox and Henry Hanna of SVN |Miller Commercial Real Estate

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Real McCoy Team | Coldwell Banker Residential Brokerage participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 15, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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