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Property profile & analytics
OFF-MARKET Estimated value $590,000
Turn key restaurants

123 Un Sq Milford, NH 03055-4231

2,714 SF 0.04 ac lot Built 1900
Individually Owned 4-yr Hold Free & Clear
Property ID
US58-0364649
Property summary
AI-generated overview

This exceptional Milford, NH property at 123 Union Square boasts 2,714 square feet on a 0.04-acre lot. The ground floor, previously a food service establishment, offers a prime commercial storefront in a high-traffic area. It's equipped with a commercial stove and hand wash sinks, ideal for a variety of businesses. Refrigeration is negotiable. The upper level features a three-bedroom apartment, currently undergoing renovations to be completed before sale, providing additional income potential or owner-occupied living. Enjoy stunning river views from both the commercial space and the apartment. This property presents a unique opportunity for both business owners seeking a high-visibility location and investors looking for a strong return. The previous owner operated the business from the first floor and lived in the apartment above. The property is currently vacant and offers a projected 8% capitalization rate, indicating positive cash flow potential. This is a rare chance to acquire a mixed-use property in a desirable Milford location. The building is ready for a new owner to bring their vision to life. Don't miss this chance to own a piece of Milford's vibrant commercial landscape.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction FRAME
Total area 2,714 SF
Lot 0.04 ac (1,742 SF)
Zoning code C
APN MFRD M:25 B:24
UPID US58-0364649
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
  • Island Bowls Cafe LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
Susie Paulin Ret · 4 yrs held
Susie Paulin Ret
since 2022
Last sale
$585,000
3 recorded transactions
2022
$585,000
2022
Price N/A
1969
Price N/A
Zoning & alternative use
C · Milford, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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