$575,000
653 Elm ST Milford, NH 03055
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Listed by Bill Hutwelker • SVN The Masiello Group- Bedford
$575,000
Est. payment /mo
1,886 SqFt
UPDATED:
10/29/2024 04:09 PM
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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Adam Gustafson
Broker Manager | License ID: 9565668
Broker Manager License ID: 9565668