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Endless Possibilities Await"”Live, Work, and Invest in the Heart of Downtown Milton! This one-of-a-kind property offers a rare combination of residential and commercial space, making it an exceptional opportunity for homeowners, business owners, and investors alike. The spacious 3,570 sq. ft. warehouse features five bays, providing ample room for storage, workspace, or business operations. Also included on the property is a charming 2-bedroom, 1-bath single-family home, perfect for comfortable living or rental income (estimated 60K per year). Adding to its versatility, The Studios on Walnut, a renovated commercial property in 2013, serves as a dynamic hub for artists and creatives. This unique building includes four separate studios, each with private entrances, and two large garage bays. One bay is used as a common area for classes, featuring an area with two sinks, a handicap-accessible bathroom, and counters with built-in storage. The second bay serves as a studio and gathering space, ideal for artistic and community events. Each room is equipped with its own HVAC system for heating and air conditioning, and the building is powered by two upgraded 200-amp electrical services. Over the years, The Studios on Walnut has hosted numerous art openings and gallery events, making it a truly special space. A large front parking lot provides space for up to 12 vehicles, ensuring accessibility for residents, artists, and visitors. Located in prime downtown Milton, this property places you at the heart of a thriving community. Don't miss this rare opportunity to own a flexible, multi-use space.
| DAYS ON MARKET | 2 | LAST UPDATED | 2/26/2025 |
|---|---|---|---|
| YEAR BUILT | 1968 | COMMUNITY | Broadkill Hundred (31003) |
| COUNTY | SUSSEX | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | CAPE HENLOPEN |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Broadkill Hundred (31003) |
| CONSTRUCTION | Concrete, Vinyl Siding |
| HEAT | Forced Air, Propane |
| LOT | 0.33 acre(s) |
| LOT DIMENSIONS | 80.00 x 157.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| TAXES | 1639 |
| UTILITIES | Propane |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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