10 S Walnut Street, Milford, DE 19963

$600,000

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Sold Price
$600,000
List Price
$689,000
Closing Date
Jul 31, 2026
Days on Market
56
Status
CLOSED
MLS#
DESU2111132
Lot Size (Acres)
0.05
Year Built
1885
County
Sussex
School District
Milford

Property Description

Turnkey, income-producing opportunity in the heart of Milford—ideal for an owner-user or investor seeking immediate cash flow with upside potential. The second floor is fully leased on a month-to-month basis and currently generating income. The first floor offers exceptional flexibility: continue operating the existing ice cream shop for immediate revenue, rebrand with your own retail concept, or sell the existing business and equipment to a new operator while maintaining rental income from the space. Positioned in a growing market with strong proximity to Delaware’s beach destinations and expanding retirement communities, this property benefits from increasing year-round and seasonal traffic. A rare opportunity to acquire a versatile commercial asset with multiple income strategies—perfect for entrepreneurs and investors alike.

Additional Information

Area
Cedar Creek Hundred (31004)
Subdivision
None Available
Taxes
$2252
Stories
2
School District
Milford
Elementary School
Banneker
Middle School
Mariner
High School
Milford
Heating
Forced Air
Heating Fuel
Propane - Leased
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of R&R Commercial Realty. Contact:

Selling Office: .