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$3,370,000
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Property Description
Industrial Warehouse and office space in Prime location for distribution. Primary parcel with building is 2.83 acres and a second parcel of 2.6 acres included offers ability for expansion. The building was originally designed as a beer distribution center with finished office space, walk-in refrigeration units, three 20'-26' clear span warehouse bays. Bay 1 is a drive through bay for pick up and delivery with a separate covered loading dock. Bay 2 is insulated with HVAC units to control temperature for product storage. Bay 3 is clear span with 3 loading ramps/docks. The roof has 10 yrs left on its warranty. A total of 5.43 acres and over 38,000 sq ft of building when including warehouse, office and refrigeration.
Full Property Details
Full Property Details for 759 E Masten Cir
General
- Sold For: $3,370,000
- Taxes: $9,948 (2023)
- Status: Closed
- Type: Warehouse
- Source: BrightMLSPhilly
- MLS ID: DEKT2028892
- Added to Site: 597 day(s) ago
Business
- Business Type: Cold Storage, Cross Dock/Truck Terminal, Flex, Manufa
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Restrooms: 3
Additional Information
- Security/Safety: Monitored
Parking
- Total Spaces: 40
- Parking Features: Private, Public, Security/Monitored, Handicap Parking
- Parking Type: Parking Lot
Location
- Area: Milford (30805)
- County: Kent
- Cross Streets: Rt 113
- Driving Directions: Rt 113 to West at McDonalds traffic light. Building directly straight ahead
- Traffic Count: 5000-9999
- Location Details: Industrial Park
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Phone, Sewer Available, Water Available
Structural Information
- Construction: Metal Siding
- Roof: Rubber
- Ceiling Height: 18' to 24', Over 24'
- Drive-In Doors: 3
- Drive-In Clearance: Over 20', 12' to 15'
- # Loading Docks: 5
- Stories/Levels: 0
- Year Built: 1970
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 5.43
- Lot Size (Sq. Ft.): 236,530
- Lot Size Source: Estimated
- Street/Road Desc.: Paved
- Fence: Yes
- Lot Features: Additional Lot(s)
- Zoning: I1
- Lot Description: Additional Lot(s)
Financial Considerations
- Price Per Sq. Ft.: $91.45
- Assessment Year: 2023
- School Tax: $8,167
- County Tax: $1,781
- County Tax Freq: Annually
- Tax w/Assessment: $494,900
- Tax Amount: $9,948
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All mechanical attachments with the building
- Lot Number: 1200-000
Listed and Sold by RE/MAX Realty Group Rehoboth, WES CROMER
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Schools
Schools serving 759 E Masten Cir
School District:Milford School District
| Name | Grades | Distance |
|---|---|---|
Banneker (Benjamin) Elementary School 449 North Street, Milford, DE 19963 | 1-5 | 0.6 mi |
Morris (Evelyn I.) Early Childhood 8609 3rd Street, Lincoln, DE 19960 | PK-1 | 3.7 mi |
Milford Central Academy 1021 North Walnut Street, Milford, DE 19963 | 6-8 | 1.1 mi |
Milford Senior High School 1019 North Walnut Street, Milford, DE 19963 | 8-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 759 E Masten Cir
Date
Details
Price
Change
Source
1/15/2025
Sold
$3,370,000
-3.02%
MLS
8/05/2024
Price Reduced
$3,475,000
-7.33%
MLS
6/12/2024
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
759 E Masten Circle, Milford, DE 19963 (MLS# DEKT2028892) is a Warehouse property that was sold at $3,370,000 on January 15, 2025. Want to learn more about 759 E Masten Circle? Do you have questions about finding other Warehouse real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.
