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    Mixed-Use Office and Apartment Building Title is generated by Realmo AI

    1030 Main Street, Milford, OH 45150

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    Claim this Listing
    For Sale
    $499,000

    SINGLE_FAMILY - Milford, OH

    Type:Office
    Property size:
    4,400 SF
    Lot size:
    0.53 Acres
    Price / SF:
    $113/SF
    Added:
    Dec 26, 2025
    Days on Market:
    170
    Last Refresh:
    Jun 14 at 1:06 pm

    Property Features for 1030 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    210723.095P
    Size
    4,400 SF
    Lot size
    0.53 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Flooring type
    Carpet, Wood
    Building materials
    Wood Siding
    Roof type
    Shingle

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    Listing Contact
    Jerry Garrison
    Jerry Garrison

    Listing agent Jerry Garrison

    Listing office Keller Williams Advisors 2105 Grandin Road, Cincinnati, OH

    Listing date Dec 26, 2025

    MLS# 1864662

    Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Office building with frontage and 9,000+ avg. daily traffic count and direct ST RT 28 signage opportunity.
    • 4,400 SF building plus a 300 SF lower‑level flex area with a half bath.
    • 20 parking spaces on a well‑maintained building/parking area.
    • 3,400 SF main office space leased month to month to an insurance company for $2,500/month.
    • 1,000 SF additional space leased month to month as a 2‑bedroom apartment for $1,000/month; could be maintained as living or converted to office.
    • 0.5 mile access to I‑275; wood siding exterior with forced‑air heating and a shingle roof.

    Overview

    This mixed-use property includes a 4,400 sq. ft. building with a lower level flex area of approximately 300 sq. ft. The layout features a main office area totaling about 3,400 sq. ft. and an additional 1,000 sq. ft. space currently used as a two-bedroom apartment. A half bath serves the lower level flex space. The building and parking area are described as well maintained, with 20 parking spaces on site.

    Located at 1030 Main Street in Milford, Ohio, the property provides frontage with an indicated 9,000+ average daily traffic count. There is also a stated opportunity for direct State Route 28 signage. Access is described as convenient, with approximately 0.5 mile access to I-275.

    The current configuration supports multiple business and occupant scenarios. The main office space is presently leased month-to-month to an insurance company for $2,500 per month, and the 1,000 sq. ft. apartment space is also leased month-to-month for $1,000 per month. For buyers seeking flexibility, the additional space could be maintained as residential or modified to support expanded office use.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $73.9k $16.80
    − Vacancy −$18.7k −$4.25
    EGI $55.2k $12.55
    − OpEx −$13.8k −$3.14
    NOI $41.4k $9.41
    4,400 SF · lease $16.80/SF/yr · vacancy 25.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $591.6K
    $517.7K – $690.2K (±1% cap)
    NOI $41,414 @ 7.0% cap · market cap 8.30%
    Second Best
    Apartment 5plus
    $591.2K
    $517.3K – $689.7K (±1% cap)
    NOI $41,382 @ 7.0% cap · market cap 8.29%
    Theoretical Best
    Office A
    $788.8K
    $690.2K – $920.3K (±1% cap)
    NOI $55,218 @ 7.0% cap · market cap 11.07%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Robert Dean - State ... Insurance Agency Berthel Fisher & Co. Financial Advisor State Farm Insurance Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Clermont
    State
    Ohio
    Longitude
    -84.2753976
    Latitude
    39.180808

    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained building with 20 parking spaces and month-to-month office and apartment income potential.
    Where is this mixed-use property located?
    The property is located at 1030 Main Street Milford, OH.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Office building with frontage and 9,000+ avg. daily traffic count and direct ST RT 28 signage opportunity.; 4,400 SF building plus a 300 SF lower‑level flex area with a half bath.; 20 parking spaces on a well‑maintained building/parking area.
    More about this property
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