300 North St - Churches FOR SALE


Milford, DE 19963
$499,000 USD
866-910-5263
300 North St, Milford, DE for Sale
$499,000 USD
Churches - FOR SALE
1/9
null | Request Cap Rate

300 North St
Milford, DE 19963


OVERVIEW

Located on the corner of North and NW 4th Streets, the former St Paul United Methodist Church is recorded as having been built in 2006 and is reported to be 5827 SF on one level, according county records. The complex includes a spacious sanctuary, a pastor's suite with restroom, an administration office, restrooms, an entryway onto a central space used as a multi-purpose room, a mechanical room, and storage in the attic and under the stage. The property is served by heat, central air, and a fire alarm system. The land comprises four separate parcels, and includes two wheelchair ramps, a circular dropdrive and paved parking lot. The parcels are zoned R3 - Garden Apartment and Townhouse. The residential zoning supports very few commercial uses; please consult the City of Milford zoning regulations, the text of which is available for download at the bottom of this page. In January 2024, the property suffered water intrusion from a burst pipe. The water is currently shut off, as the water line requires repair. The ceiling in the mechanical room has been left open, for buyers to inspect. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is; the seller intends to make no repairs, and the property is priced accordingly. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. Some chattels will convey with the sale. Buyer pays their own broker. There is no option to lease the property. To view the property, please have your real estate professional book through MLS Showing Time. To submit an LOI, please complete a term sheet, which will request the following information: Buyer name/address, purchase price, EMD, study period, closing date, financing, any contingencies, intended use, and proof of funds. The seller has its own commercial purchase agreement and its own closing agent.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

St Paul United Methodist Church | Milford, DE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,013 SF

ZONING

R3

APN/PARCEL ID

5-16-18310-02-2300-000,5-16-18310-02-2400-000,5-16-18310-02-2500-000

ASK ABOUT THIS PROPERTY

Stephen FerrandiMaryland LandMore Info
866-910-5263

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Stephen FerrandiMaryland LandMore Info
866-910-5263

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