$1,495,000

102 FEDERAL ST, Milton, DE 19968

  • Property Icon other
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Date Added:
July 4, 2026
Data Last Updated:
July 5, 2026 at 2:16PM
Listing Office:
Berkshire Hathaway HomeServices PenFed Realty : 3026456661
Listing Agent:
Lee Ann Wilkinson : 3026456664
MLS ID:
DESU2115220
  • Flooring: Luxury vinyl plankOther
  • A/C: Central A/C
  • Heating: Heat Pump(s)Baseboard - ElectricElectric
  • Disability Feature: None
  • Roofing: Cool/White
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: CAPE HENLOPEN
  • County: SUSSEX-DE
  • Zoning: TN235-20.07-71.00
  • Utilities: Cable tvPropane
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Lee Ann Wilkinson , Berkshire Hathaway HomeServices PenFed Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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