Description
Excellent development potential! Total of +/- 17.46 acres on Broadkill Road (Rt. 16) near the charming downtown area of Milton and only 2.25 miles from Coastal Hwy (Rt. 1). In addition, this property is a short drive from the Atlantic Ocean, Delaware Bay, Cape May Lewes Ferry, Tanger and all of the attractions of the neighboring Lewes & Rehoboth Beach area. +/- 6 acres is within Town of Milton limits and zoned C-1 (red shaded area of photo). +/- 11.46 acres in Sussex County and zoned AR-1. Potential for the entire property to be annexed into Milton and re-zoned to allow a mixed use of commercial and residential with central sewer/water available (office, retail, storage, apartments, etc). Milton R-3 zoning would allow over 10 units/acre (4,000 sf/unit). Delaware's rapidly growing Cape Region is a very popular year round vacation destination and increasingly popular for many retirees relocating to the area.
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0BEDS
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17.46ACRES
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0BATHS
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01/2 BATHS
Description
Excellent development potential! Total of +/- 17.46 acres on Broadkill Road (Rt. 16) near the charming downtown area of Milton and only 2.25 miles from Coastal Hwy (Rt. 1). In addition, this property is a short drive from the Atlantic Ocean, Delaware Bay, Cape May Lewes Ferry, Tanger and all of the attractions of the neighboring Lewes & Rehoboth Beach area. +/- 6 acres is within Town of Milton limits and zoned C-1 (red shaded area of photo). +/- 11.46 acres in Sussex County and zoned AR-1. Potential for the entire property to be annexed into Milton and re-zoned to allow a mixed use of commercial and residential with central sewer/water available (office, retail, storage, apartments, etc). Milton R-3 zoning would allow over 10 units/acre (4,000 sf/unit). Delaware's rapidly growing Cape Region is a very popular year round vacation destination and increasingly popular for many retirees relocating to the area.