$700,000
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
- Garage spaces
- N/A
- Lot size
- 0.04 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 286
- Student:teacher ratio
- 10.2:1
- District
- Milford School District
- Enrollment
- 488
- Student:teacher ratio
- 12.2:1
- District
- Milford School District
- Enrollment
- 766
- Student:teacher ratio
- 13.2:1
- District
- Milford School District
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