Commercial Sale at 123 Union Square, Milford
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$700,000

123 Union Square
Milford, NH 03055
Listed by Tom Bolduc · Keller Williams Realty-Metropolitan
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1900

About this home

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. 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%. Ice cream shop tenant in commercial space downstairs, apartment upstairs is fully renovated with a tenant.

Property details

MLS #
5088313
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
92
On market date
N/A
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Jacques Memorial Elementary School
0.15 mi away · Grades 0-1
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
286
Student:teacher ratio
10.2:1
District
Milford School District
Middle
Milford Middle School
0.75 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
488
Student:teacher ratio
12.2:1
District
Milford School District
High
Milford High School
0.69 mi away · Grades 9-13
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
766
Student:teacher ratio
13.2:1
District
Milford School District

Walkability

Blended score for Milford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

58
Somewhat walkable
out of 100
EPA National Walkability Index
9.3 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes20
Grocery stores2
Parks12
Schools4
Transit stops0
Pharmacies1

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,365/mo
$140,000 down
$560,000 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/14/26.