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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2 Cape Rd Milford, MA 01757

18,037 SF Built 1970
Property ID
Property summary
AI-generated overview

This exceptional 18,037 square foot commercial property at 2 Cape Rd, Milford, MA 01757, offers a unique opportunity. Situated in Worcester County, this single-building property boasts a blend of traditional and creative office space, perfect for a variety of businesses. Built in 1970, the building features 1,800 square feet of immediately available space within a multi-tenant environment. The zoning is CB. The property includes 15 parking spaces, a significant advantage for employees and clients. While there are no elevators, the layout is designed for efficient use. The location is ideal, offering high visibility due to its placement on a busy highway, ensuring maximum exposure for your business. Previous use included a fully equipped nail salon, featuring a modern reception area, six pedicure stations, six manicure stations, two waxing rooms, a large facial room (adaptable for hair styling), multiple break areas, a restroom, and laundry hookups. This ready-to-occupy space presents a fantastic opportunity to establish or expand your business in a thriving location. The property's features and convenient location make it an attractive option for businesses seeking a well-maintained and accessible space.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1970
Total area 18,037 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hannah Nail & Spa Nail Salon
  • Sal's Upholstery Furniture & Home Goods
  • Thomas Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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