$689,000

10 S Walnut St, Milford, DE, 19963

4,338

Square feet

0.05

Acres

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.

Listing Details

OfficeR&R Commercial Realty
Contact Info3028564000

Facts & Features

MLS® # DESU2111132
Price $689,000
Bathrooms 0.00
Square Footage 4,338
Acres 0.05
Year Built 1885
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 10 S Walnut St
Area Cedar Creek Hundred
Subdivision NONE AVAILABLE
City Milford
County SUSSEX-DE
State DE
Zip Code 19963
Senior Community No

Amenities

Parking Public
Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
# of Stories 2

Exterior

Exterior Brick
Construction Brick

Additional Information

Date Listed May 6th, 2026
Days on Market 9
Zoning TN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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