Remarks

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.

Details

MLS#: 4952695
Price: $730,000

Year Built: 1900

County: Hillsborough
Lot Size: 1742