Milford Freestanding Warehouse and
48 Powers St Milford, NH 03055
For Sale
Contact for pricing
Freestanding 31,625 SF warehouse/industrial and office building for sale.
Property Size31,625 SF
Lot Size2.89 Acres
Price / SF$126.48
Days on Market318
Property Features for 48 Powers St
General Information
Standard status
Active
Size
31,625 SF
Lot size
2.89 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Berkshire Hathaway HomeServices Verani Realty Commercial Division
(603) 582-9700
Listed By:
Jay Lee · License #060051
(603) 582-9700
Source:
Moodyscre
Added: Sep 16, 2025
Changed: Jul 6
Last Checked: Jul 21 at 8:37AM
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 Berkshire Hathaway HomeServices Verani Realty Commercial Division
Investment Insights
Based on property information with market context.
This freestanding building, constructed in 1970 and renovated in 2021, offers approximately 31,625 square feet of warehouse, industrial, and office space. The building features clear heights ranging from 7 to 18 feet and column spacing of 30 x 39 feet. It includes two loading docks (8’x8’x4’), one drive-in door (12’x10’), several modern breakrooms, a shower, and updated office spaces. The steel frame building is situated on 3 acres of industrial-zoned land near Milford Oval. The property is serviced by municipal water and sewer and heated by natural gas, with 480V, 3-phase power available. There are 30 parking spaces. The building is fully air-conditioned. The property includes approximately 21,690 square feet of warehouse/manufacturing space and 9,935 square feet of office space on the first and second floors. Within the warehouse/manufacturing area, 10,000 square feet have an 18-foot clear height, 5,240 square feet have a 12-foot clear height, 3,130 square feet have a 10-foot clear height, and 3,320 square feet have a 7-foot clear height. The first floor of the office space (3,720 square feet) includes 7 offices, 1 conference room, 1 break room, and 5 bathrooms. The second floor of the office space (6,215 square feet) includes 20 offices, 2 conference rooms, 1 bathroom, 1 photo room, and 2 breakrooms. The property is available August 1, 2025.
Key Highlights
- Freestanding +/-31,625 SF warehouse/industrial and office building with renovated (2021) office spaces.
- Includes +/-21,690 SF of warehouse/manufacturing space and +/-9,935 SF of office space.
- Features multiple clear heights (7’ to 18'), 2 loading docks, and 1 drive‑in door.
Financial Insights For Warehouse
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 | $428.8k | $13.56 |
| − Vacancy | −$25.7k | −$0.81 |
| EGI | $403.1k | $12.75 |
| − OpEx | −$60.5k | −$1.91 |
| NOI | $342.6k | $10.83 |
31,625 SF · lease $13.56/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$7.93M
$6.94M – $9.25M
NOI $555,232 @ 7.0% cap · market cap 13.88%
Second Best
Warehouse
$4.89M
$4.28M – $5.71M
NOI $342,639 @ 7.0% cap · market cap 8.57%
Theoretical Best
Specialty Retail
$57.94M
$50.70M – $67.60M
NOI $4,055,906 @ 7.0% cap · market cap 101.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Eastern Trails Apartments - Red Oak Apartment Homes — 29 Capron Rd, Milford, NH 03055
- 603 Storage - East Milford — 7 James St, Milford, NH 03055
- The Ridge at Eastern Trails Apartments — 10 E Ridge Dr, Milford, NH 03055
- Milford Trails Apartments and Storage-A Red Oak Apt Community — 90 Powers St, Milford, NH 03055
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding 31,625 SF warehouse/industrial and office building for sale.
Where is this warehouse located?
The property is located at 48 Powers St Milford, NH.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Freestanding +/-31,625 SF warehouse/industrial and office building with renovated (2021) office spaces.; Includes +/-21,690 SF of warehouse/manufacturing space and +/-9,935 SF of office space.; Features multiple clear heights (7’ to 18'), 2 loading docks, and 1 drive‑in door.
