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9 Park Street

MILTON, DE 19968
  • $895,000
  • STATUS: Active Under Contract
  • ON SITE: 1280 Days
  • ID#: 1001568228
Under Contract
UPDATED: 40 min ago
$895,000
  • 0
    BEDS
  • 1.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

School District:

Description

Manufacturing, Retail, Office Park in downtown Milton, with City water & sewer. The former home to Atlantis Industries, 9 Park Street consists of a commercial 1.98 acre lot, situated between Federal Street and the shores of Wagamons Pond, improved by 21,860 sq ft of commercial interior space in five interconnected buildings, suitable for a single user or multiple tenants, having an annual gross potential rental income of $194,580. .44 acres of what was public access Park Street is now privately owned and has been incorporated with the 1.547 acres manufacturing site to create a lot area of 1.98 acres. See survey attached. An easement will be granted over 9 Park Street land for 10 Park Street ingress / egress. Property is contiguous to Milton Elementary School, Wagamons Pond and the rails to trails bike trail initiative.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T15:49:15.397.
www.rhondafrick.com/homes/84286293
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9 Park Street MILTON, DE 19968

  • Price: $895,000
  • Status: Active Under Contract
  • On Site: 1280 Days
  • Updated: 40 min ago
  • ID#: 1001568228
0
Beds
0
Baths
0
½ Baths
1.98
Acres
1980
Built
Neighborhood:
Broadkill Hundred (31003)
County:
Sussex
Area:
Broadkill Hundred (31003)
School District:
Cape Henlopen
Property Description
Manufacturing, Retail, Office Park in downtown Milton, with City water & sewer. The former home to Atlantis Industries, 9 Park Street consists of a commercial 1.98 acre lot, situated between Federal Street and the shores of Wagamons Pond, improved by 21,860 sq ft of commercial interior space in five interconnected buildings, suitable for a single user or multiple tenants, having an annual gross potential rental income of $194,580. .44 acres of what was public access Park Street is now privately owned and has been incorporated with the 1.547 acres manufacturing site to create a lot area of 1.98 acres. See survey attached. An easement will be granted over 9 Park Street land for 10 Park Street ingress / egress. Property is contiguous to Milton Elementary School, Wagamons Pond and the rails to trails bike trail initiative.
Exterior Features

Construction Materials Aluminum SidingBrick FrontConcrete Garage YN No Location Type Free Standing Parking Types Parking LotDriveway Riparian Rights YN No Road Responsibility City/County Roof CompositeRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Basement YN No Building Area Total 25412.00 Cooling Central A/CZoned Fireplace YN No Flooring ConcreteVinyl Heating Heat Pump(S) Heating YN Yes Net Square Feet 25412.00 Stories 1

Property Features

Acceptable Financing CashConventionalLease Purchase Accessibility Features None Association YN No Business Name Atlantis Industries Business Type Flex Central Air YN Yes Condo YN No Cooling Fuel Electric Current Use ManufacturingIndustrialOfficeWarehouse Electric 120/240V Electric On Property YN Yes Heating Fuel Electric Historic YN No Hot Water Electric Navigable Water YN N Net Operating Income 185000.00 New Construction YN No Number Of Units Total 6 Original MLSNumber 7455837:SCAOR Ownership Interest Fee Simple Possession Settlement Property Sub Type Industrial Sale Includes Land And Building Sale Type Standard Sewer Public Sewer Tax Annual Amount 6689.20 Total Actual Rent 185000.00 Vacation Rental YN No Water Source Public Zoning Light Industrial

Listing courtesy of Coldwell Banker Resort Realty - Rehoboth.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Rhonda Frick Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T15:49:15.397.
 
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The Rhonda Frick Team | Long & Foster Real Estate
33298 Coastal Hwy
Bethany Beach DE, 19930