102 Federal Street Milton, DE 19968
3,200 Sq. Ft. / 6,970 Sq. Ft., 0.16 acres lot size / Mixed Use
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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.
property details
Type
Mixed Use
Status
Active
County
SUSSEX
Year Built
1910
Sq. Ft.
3,200
Lot Size
6,970 Sq. Ft., 0.2 acres
Listing Id
DESU2115220
Courtesy Of
Lee Ann Wilkinson - Berkshire Hathaway HomeServices PenFed Realty +1 (302) 645-6664
List Office Phone
+1 (302) 645-6661
Interior Features
Living Area Units
Sq. Ft.
Flooring
Vinyl
Other
Other
Exterior Features
Parking
On Street
Parking Lot
Parking Lot
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Electric Heating
Heat Pump
Baseboard
Heat Pump
Baseboard
Building Area Total
3,200 Sq. Ft.
Architectural Style
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
07/03/2026
07/03/2026
|
Active |
$1,495,000
|
Bright MLS (MDBMLS-R) |
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Market Trends
Source: Constellation1
Mortgage Calculator
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