T. Wesley Poss
Office: 301.698.3232
Cell: 301.991.2321
198 Mullet Run St, MILFORD
$1,500,000
0 Beds
0 Baths
9,600 Sqft
0 Acres
0 Garages
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.
Essential Information
MLS® #DEKT2033012
Price$1,500,000
Bathrooms0.00
Square Footage9,600
Acres0.00
Year Built2001
TypeCommercial Sale
Sub-TypeOther
StatusActive
Community Information
Address198 Mullet Run St
AreaMilford (30805)
CityMILFORD
CountyKENT-DE
StateDE
Zip Code19963
Amenities
ParkingFenced, Paved Parking
Utilities
Natural Gas Available, Electric Available, Sewer Available
Interior
HeatingHeat Pump - Gas BackUp
CoolingCentral A/C
# of Stories1
Exterior
ExteriorMetal
RoofMetal
School Information
DistrictMILFORD
Additional Information
ZoningBP
Listing Details
Office Contact3026770020
Office
Keller Williams Realty Central-Delaware
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Listing information last updated on January 30th, 2025 at 2:01pm EST.
