Prime Storefront With Apartment

Retail-Commercial for Sale
Catylist Listing ID: 30843548
Property Subtypes: Mixed Use, Street Retail
Building Size (RSF): 4,074 SF
Gross Building Area: See Agent
Sale Price: $730,000
Unit Price: $179.19 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2023

Overview / Comments

This commercial storefront can suit you or your tenant’s business on the first level and offers a 3 bedroom apartment on thesecond level for additional income. Currently being used as a food service business/restaurant on the first floor, it is equipped with a commercial stove, hand wash sinks, etc. Refrigeration negotiable.Whether you are a business owner and want Milford’s PRIME storefront area and live where you work, or you are an investor who wants a commercial tenant andresidential tenant upstairs. There is plenty of foot traffic and opportunity. This property offers positive cash flow and a projected CAP rate of 8%. Property is currentlyvacant and was an owner occupied business previously. Apartment is going through renovations that will be completed prior to sale.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 025-024-000-000
Retail Clientele: General, Family, Business, Traveler
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Other
Lot Frontage: TBD
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,853 20,291 28,097
Median Age: 38.61 40.35 41.26
Households: 2,695 7,810 10,575


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