14 South Broad Street & 4 West Main Street

For Sale

14 South Broad Street & 4 West Main Street, Middletown, DE 19709

This Middletown property for sale is located at 14 South Broad Street & 4 West Main Street. The current listed sale price for 14 South Broad Street & 4 West Main Street is $4,000,000. 14 South Broad Street & 4 West Main Street is situated on a lot that is 0.81 acre in size.

Contacts

broker
Davis Mitchell

DSM Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 24,615 SF
  • Lot Size 0.81 Acre
  • Parking Spaces Avail. 53
  • Date Updated Jan 23, 2025
Situated at the intersection of Main Street and South Broad Street in the heart of the Town of MiddletownIntroducing a prime investment opportunity in Middletown, DE! Available is a 12,615 SF mixed-use building containing five (5) first floor retail spaces and twelve (12) apartment units in addition to a 12,000-sf 3-story former firehouse complete with six (6) overhead doors and a flexible floorplan. Situated at the intersection of Main Street and South Broad Street in the heart of the Town of Middletown, the prime location and premium visibility of the properties further enhances their investment appeal. The Properties are also located in Middletown’s Downtown Development District which enables investors, businesses, property owners, etc. to take advantage of a litany of incentives and rebates including grants to help offset construction costs. These properties represent an excellent opportunity for an investor or owner-user seeking an income producing property with value-add potential in addition to a historic building located within a flexible zoning code. Downtown Development District (DDD) Incentives: - Rebates for capital construction costs (up to 20%) - Reduction in utility impact fees (75% waiver) - Two (2) year business license abatement - Expedited processing of permit applications
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Highlights

  • - Prime downtown location with high visibility
  • - Recently renovated apartment units
  • - 100' of frontage on Main Street
  • - Flexible floor plan to accommodate various businesses
  • - Ample onsite parking for tenants and customers (53 striped spaces)
  • - Well-maintained landscaping and exterior

Getting around

  • 75/100

    Walk Score ®

  • 23/100

    Transit Score ®

  • 63/100

    Bike Score ®

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Location

  • City Middletown, DE
  • Zip Code 19709
  • Market Philadelphia
In-Depth Research Available for this Property

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Contact Listing Broker
broker
Davis Mitchell

DSM Commercial

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