List Price: $730,000 | $269 per sq.ft. Commercial
Space type Listed Monday May 15, 2023 | MLS# 4952695


Welcome to the Oval! This commercial storefront can suit you or your tenant's business on the first level and offers a 3 bedroom apartment on the second level for additional income. Beautiful river views entice patrons to stay and relax in the store while offering a great view to wake up to for the residents upstairs. 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 store front area and live where you work, or you are an investor who wants a commercial tenant and residential 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 currently vacant and was an owner occupied business previously. Apartment is going through renovations that will be completed prior to sale.
Building Type : Business | Investment | Opportunity | Other

Sale Includes : Building Only | Equipment

Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1900
Stucco Exterior | Wood Exterior
Price Per SQ.FT. 268.98 No. of Units: 2
Building Size : 2714
Building Type: Business | Investment | Opportunity | Other

Exterior

InteriorBasement: Storage Space

Land Information

Lot size: 0.04 acres
Zoned: AE
Flood Zone: Unknown
No. of Docks | 0.

UtilitiesHeating: Hot Water | Natural Gas | Mini Split
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Other
AC % | 0.



Easement - No
Taxes $0
Assesed Value Not Reported
Schools

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