Prime Commercial Property in
For Sale
$1,995,000
15 Mont Vernon Street, Milford, NH 03055
Versatile commercial property with high visibility and ample parking.
Property Size13,912 SF
Price / SF$143.40
Days on Market316
Property Features for 15 Mont Vernon Street
General Information
Standard status
Active
Size
13,912 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$35,292
Building Details
Year Built
1970
Listing Agency:
BHHS Verani Bedford
(603) 382-2121
Listed By:
Jodie Boutwell
(603) 369-1403
Source:
Churchillprop
Added: Dec 5, 2025
Changed: Oct 10
Last Checked: Oct 16 at 7:20AM
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 BHHS Verani Bedford
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Investment Insights
Based on property information with market context.
This commercial property in Milford offers high visibility and a strong traffic count. The location is near the Milford Oval. Ample parking is available for customers and staff. The property is suitable for various uses, including retail shops, service businesses, a strip mall, or a warehouse. The building's layout allows for flexibility and customization. Anticipated availability is September 1. The property offers accessibility and visibility.
Key Highlights
- Prime commercial location with excellent visibility and strong traffic count.
- Versatile property suitable for retail, service businesses, strip mall, or warehouse.
- Ample parking for customers and staff.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,729
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,014,580
$3.0M
Cap Rate 7%
$2,153,271
$2.2M
Cap Rate 9%
$1,674,767
$1.7M
Market Conditions
NOI Build-Up for 13,912 SF
Gross rent
$188.6K $13.56/SF
− Vacancy
−$11.3K −$0.81/SF
EGI
$177.3K $12.75/SF
− OpEx
−$26.6K −$1.91/SF
NOI
$150.7K $10.83/SF
Area
Hillsborough County, NH
Vacancy
6.00%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,014,580
Cap Rate 7%
$2,153,271
Cap Rate 9%
$1,674,767
Alternative Uses
Best Use
Retail
$2.78M
$2.43M – $3.24M
NOI $194,573 @ 7.0% cap · market cap 9.75%
Second Best
Warehouse
$2.15M
$1.88M – $2.51M
NOI $150,729 @ 7.0% cap · market cap 7.56%
Theoretical Best
Specialty Retail
$25.49M
$22.30M – $29.74M
NOI $1,784,214 @ 7.0% cap · market cap 89.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
Business Placement
Demographics for 03055, NH
16,120
Population
6,692
Households
2.4
Avg Household Size
41
Median Age
34%
College-Educated
96%
High-School Grad
25.4 sq mi
ZIP Area
635
Density / Sq Mi
$94,514
Median Household Income
$52,979
Median Earnings
$1,569
Median Rent
$363,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Versatile commercial property with high visibility and ample parking.
Where is this retail space located?
The property is located at 15 Mont Vernon Street Milford, NH.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Prime commercial location with excellent visibility and strong traffic count.; Versatile property suitable for retail, service businesses, strip mall, or warehouse.; Ample parking for customers and staff.
