10 S Walnut St, Milford, DE 19963

$600,000

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Sold Price
$600,000
List Price
$689,000
Closing Date
Jul 31, 2026
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
Building Name
None Available
School District
Milford
Elementary School
Banneker
Middle School
Mariner
High School
Milford
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of R&R Commercial Realty. Contact:

Selling Office: R&R Commercial Realty.