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3,200 sqft

$1,495,000

102 FEDERAL STREET, MILTON DE, 19968

Price per sqft$467.19
Built in1910
Property size3,200 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Jul 3, 2026

Updated 5 days ago

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.

Additional information

MLS® ID
DESU2115220

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,729
Tax Frequency
Annually
MLS provider logo

Listed by Berkshire Hathaway HomeServices PenFed Realty
Listing Contact: 3026456664 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:26 AM UTC

 

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