102 FEDERAL ST, Milton, DE 19968
102 FEDERAL ST, Milton, DE 19968
102 FEDERAL ST, Milton, DE 19968
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Listed by Lee Ann Wilkinson • Berkshire Hathaway HomeServices PenFed Realty
$1,495,000
Est. payment /mo
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7,007 Sqft Lot
New

102 FEDERAL ST Milton, DE 19968

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Nathaniel Arnold

Nathaniel Arnold

+1(301) 485-5072

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DESU2115220

Year Built 1910

Available Date 2026-07-04

Annual Tax Amount $2,729

Tax Year 2025

Lot Size 7,007 Sqft

Acres 0.16

Lot Dimensions 60.24 x 119.18 x 54.95 x 55.93 x 52.74

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State DE

County Sussex

Area Broadkill Hundred (31003)

Zoning TN

Interior

Hot Water Electric

Heating Heat Pump(s), Baseboard - Electric

Cooling Central A/C

Flooring Luxury Vinyl Plank, Other

Equipment See Remarks

Heat Source Electric

Exterior

Garage Spaces 8.0

Utilities Available Cable TV, Propane

Water Access N

Roof Type Cool/White

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Cape Henlopen

School District Cape Henlopen

Others

Tax ID 235-20.07-71.00

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations

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Nathaniel Arnold

Nathaniel Arnold

SRES - Seniors Real Estate Specialist | License ID: 6109

+1(301) 485-5072

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102 FEDERAL ST