10 S Walnut St - Restaurant FOR SALE


Milford, DE 19963
$689,000 USD
302-236-7053
10 S Walnut St, Milford, DE for Sale
$689,000 USD
Restaurant - FOR SALE
1/39
null | Request Cap Rate

10 S Walnut St
Milford, DE 19963


HIGHLIGHTS

  • Centrally positioned within Milford’s historic downtown business district.
  • Two-story, mixed-use building constructed with classic architectural details.
  • Located on Walnut Street with prominent street frontage and visibility.
  • Walkable to local shops, dining, and community amenities along the Mispillion River.
  • Convenient regional access via U.S. Route 113 and proximity to major coastal destinations.
  • Supported by ongoing revitalization efforts and strong local business engagement.

OVERVIEW

10 S Walnut Street offers a unique opportunity to acquire a historic mixed-use property in the heart of downtown Milford, Delaware. This two-story building, constructed in 1885, combines classic architectural character with a prime location along a well-traveled commercial corridor. Fronting Walnut Street, the property benefits from excellent visibility and walkability, attracting consistent pedestrian traffic and serving as a hub for local businesses and community activity. Milford acts as a strategic midpoint between Dover and Georgetown along U.S. Route 113, providing convenient access to major highways and regional markets. Nearby coastal destinations including Rehoboth Beach and Lewes are within a 30–40 minute drive, further enhancing the property’s appeal to visitors and residents. The surrounding district continues to see revitalization efforts, fostering growth through targeted investments, small business development, and event programming. The property is ideally suited for various uses, including retail, office, or creative workspace, offering future owners both flexibility and income diversification. With its mixed-use zoning and proximity to amenities, 10 S Walnut Street stands out as an attractive asset in a growing and dynamic downtown environment.

FOR SALE DETAILS

PRICE

$689,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,636 SF

ZONING

TN

APN/PARCEL ID

130-01.20-69.00

ASK ABOUT THIS PROPERTY

Keith WalpoleR & R Commercial RealtyMore Info
302-236-7053

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Keith WalpoleR & R Commercial RealtyMore Info
302-236-7053

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.