About 10 S Walnut St
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.
Features of 10 S Walnut St
| 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 | Pending |
Community Information
| Address | 10 S Walnut St |
|---|---|
| Area | Cedar Creek Hundred |
| Subdivision | NONE AVAILABLE |
| City | MILFORD |
| County | SUSSEX-DE |
| State | DE |
| Zip Code | 19963 |
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 | 56 |
| Zoning | TN |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | R&R Commercial Realty |
|---|---|
| Contact Info | 3028564000 |