$1,500,000
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198 Mullet Run Street Milford, DE 19963
Other
Residence
Beds
Baths
...
Bed/Bath
9,600
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Prime Investment Opportunity: 2-Acre Secure Commercial Property with Reliable Income. This 2-acre property in Kent County is a solid investment opportunity, featuring Business Park (BP) zoning and a secure, fenced perimeter with gated vehicle access. Minimal maintenance needs make this a hassle-free... asset for investors seeking immediate returns. The larger 7,200 sq ft (60x120) single-story metal building is fully leased under a gross lease, providing steady rental income with a long-term tenant. The additional 2,400 sq ft (40x60) single-story metal building is currently owner-occupied and framed, offering flexibility for future leasing or customization. The property owner has already commissioned site plans to establish independent utilities for this building, improving its usability and appeal to prospective tenants. The current tenant has also expressed interest in expanding operations into this space, increasing potential cash flow. This property delivers a compelling mix of stable income and growth potential. Contact us today for more information or to arrange a showing.
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MLS#
DEKT2033012
Property Type
Other
Year Built
2001
Square Feet
9,600
sq. ft
Price per Sq. Ft.
$156.25
Sewer
Sewer Available, Public Sewer
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