Professional Building/Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30607616
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Parking Facility, Restaurant, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 3,000 SF
Gross Building Area: 6,084 SF
Gross Land Area: 0.73 SF
Sale Price: $575,000
Unit Price: $191.67 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2020

Overview / Comments

Convenient 3000SF professional building for sale in Milford's commercial district. Solid, well maintained structure, flexible floor plan, plenty of parking and room for expansion; many potential uses. See the attached Acceptable Uses pdf.
The current owner has occupied the facility since 1978 as a successful local Optometrist.
The current floor plan offers a waiting room, reception area, 5 offices, open space for displays, and a full, unfinished basement. The building uses town water and septic as well as natural gas.
The current Optometry business is also for sale at Pre-determined price; sale to include Business, FF&E, Goodwill, and Inventory. The inventory is valued at approximately $150,000. Seller is open to creative financing terms for the business.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $8,305 (Annual)

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 021-002-002-000
Zoning: COMMERCIAL DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Mont Vernon Street and Perkins Street
Property Visibility: Excellent
Property Condition: Good
Year Built: 1960
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Natural Gas
Lot Frontage: 175.81
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,245 20,291 30,400
Median Age: 38.36 40.35 41.27
Households: 1,626 7,810 11,481

Contact

Photograph of Listing Agent

Kathy MacKinnon

RE/MAX Commercial Innovative Properties
NECPE Member
Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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