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    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
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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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