609 Ne Front St, Milford, 19963 $1,250,000

Premier Development Opportunity 3.72+/- Acres located at the signalized intersection of NE Front St. and N. Rehoboth Blvd. Three contiguous parcels of land with excellent visibility and road frontage. C3 Commercial and I1 General Industrial split zoning located in close proximity to Coastal Hwy., The NE Front St. new Milford Bypass, Bayhealth Hospital and Milford's premier waterfront area. The city of Milford is experiencing a housing and business boom with over 100+ apartments fully approved with entrance complete directly across the street. Just a few hundred yards away, construction has started on a 10,000 sq. ft. +/- brand new sports bar and the downtown street scape and revitalization project is currently underway. This is the gateway to Milford's expanding business district which a town on the upswing with a whole new vision. Excellent development incentives include: Federal Opportunity Zone and potential for downtown development grants, credits, etc. City water and sewer. Ideal redevelopment opportunity with endless possibilities and investment.