Description
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.
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0.04ACRES
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01/2 BATHS
School Ratings & Info
Description
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.
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Courtesy of Tom Bolduc of Keller Williams Realty-Metropolitan: .