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About the Listing GALLO0 - 3258923,3257410
An exceptional mixed-use investment opportunity in the heart of Historic Downtown Milton. This well-maintained income-producing property features five leasable units, offering a diverse and stable revenue stream with three residential apartments and two commercial spaces. The residential component includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, providing highly desirable rental options in one of Sussex County's most charming downtown communities. The commercial spaces include a restaurant tenant and a basement for storage, along with an additional leased commercial space, creating excellent tenant diversification and long-term investment appeal. Ideally situated on Federal Street, the property enjoys outstanding visibility, walkability, and convenient access to Milton's thriving restaurants, breweries, specialty shops, parks, and year-round community events. Historic Milton continues to experience strong demand from both residents and businesses while remaining just a short drive from the Delaware beaches, making this a compelling opportunity for investors seeking consistent cash flow and value. Whether you're expanding your investment portfolio or acquiring a signature mixed-use property in a growing downtown market, 102 Federal Street offers the rare combination of residential stability, commercial income, and an unbeatable location in one of coastal Delaware's most desirable small towns.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Commercial Sale
MLS ®
DESU2115220
Year Built
1910
Total Square Footage
3,200
Lot/Acreage
0.16
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: See Remarks
- Air Cond: Central A/C
- Heating: Heat Pump(s),Baseboard - Electric
- Fireplaces:
- Floor: Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 8
- Lot Dimensions: 60.24 x 119.18 x 54.95 x 55.93 x 52.74
- Zoning: Commercial
- Roof: Cool/White
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,729
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
102 Federal St Milton, DE 19968
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