Remodeled Grocery and Convenience
For Sale
Contact for pricing
106 S Higbee St, Milford, IN 46542
Dollar General operates from a recently updated retail building with fresh-produce and freezer additions.
Property Size11,673 SF
Lot Size2.11 Acres
Days on Market144
Property Features for 106 S Higbee St
General Information
Standard status
Active
Size
11,673 SF
Lot size
2.11 Acres
Property subtype
Retail
Building Details
Year Built
1984
Year Renovated
2023
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5329
Listed By:
Blake Palma · License #RB14046465
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 6:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
The Dollar General property in Milford, Indiana, includes an 11,673-square-foot building on 2.11 acres at 106 S Higbee St. Constructed in 1984, the building was adapted to the Dollar General prototype in 2003 and received a full interior remodel in 2023. The latest work added freezers, a fresh produce section, and self-checkout stations.
The roof was replaced in 2018 and carries a 15-year transferable warranty. The parking lot has new asphalt and is being restriped. Dollar General has operated at the site for 21 years and has exercised multiple lease renewals, including a five-year extension in September 2023. The lease has 7.75 years remaining.
The roof was replaced in 2018 and carries a 15-year transferable warranty. The parking lot has new asphalt and is being restriped. Dollar General has operated at the site for 21 years and has exercised multiple lease renewals, including a five-year extension in September 2023. The lease has 7.75 years remaining.
Key Highlights
- 11,673‑square‑foot building on 2.11 acres
- 2023 interior remodel added freezers, fresh produce, and self‑checkout
- Building renovated in 2003 and originally built in 1984
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46542, IN
4,526
Population
1,780
Households
2.5
Avg Household Size
36
Median Age
8%
College-Educated
82%
High-School Grad
50.7 sq mi
ZIP Area
89
Density / Sq Mi
$75,192
Median Household Income
$40,990
Median Earnings
$1,092
Median Rent
$178,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Dollar General operates from a recently updated retail building with fresh-produce and freezer additions.
Where is this grocery and convenience store located?
The property is located at 106 S Higbee St Milford, IN.
What are key features of this property?
This property features: 11,673‑square‑foot building on 2.11 acres; 2023 interior remodel added freezers, fresh produce, and self‑checkout; Building renovated in 2003 and originally built in 1984
