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.
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Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
025-024-000-000 |
| Zoning: |
C-COMMERCIAL |
| 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 |
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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