653 Elm ST Active

Milford,NH 03055

$ 575000

- Bed

- Bath

1886 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,886 sqft

Price per Sqft $304

MLS Listing ID 5009657

Year Built 1950

Tax Year 2024

Lot Size 0.760 Acres

Acres 0.76

Property Description

Low maintenance investment property in an incredible location. The current tenant has 6.5 years left on a 10 year lease that has a 16% rental rate increase at the end of 2025! Visibility near a prominent intersection. Surrounding retailers include Market Basket, NH Liquor and Wine Outlet and Dunks. Large pylon sign, ample parking and a median free road that sees 22,000 VPD. Recent upgrades include new plumbing, electrical, roof, and HVAC. Tenant responsible for all expenses including but not limited to utilities, taxes, insurance, plowing, landscaping, etc.

Location

State NH

County Nh-hillsborough

Area Nh-Hillsborough

Zoning ICI

Interior

Inclusions Land/Building

Exterior

Utilities Available Other

Roof Type Flat

Building

Sewer Public

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