128 Main St Milford, IN 46542-3005
Property summary
This exceptional commercial property located at 128 S Main Street in Milford, Indiana, presents a unique investment opportunity. Situated on a 0.08-acre lot, the building offers significant potential for a variety of commercial uses. Its flexible layout allows for customization to suit diverse business needs. A key feature is the inclusion of two upper-level apartments, providing additional income streams or potential for owner-occupied use. The building's central location in downtown Milford ensures high visibility and accessibility, placing it within easy reach of the community's residents and businesses. While requiring some updating and improvements, this property offers a substantial return on investment for the right buyer. The asking price is $89,900, representing a compelling entry point into the Milford commercial real estate market. The building's solid structure provides a strong foundation for future development and adaptation. Its prime location and versatile design make it an attractive prospect for both established businesses seeking expansion and new ventures looking for a foothold in a vibrant community. The potential for rental income from the apartments further enhances the overall profitability of this investment. Serious inquiries are encouraged to explore the possibilities this property offers. The property's size and location make it ideal for a variety of commercial uses, from retail to office space, and the apartments offer additional income potential. This is a chance to acquire a well-positioned commercial property in a growing Indiana town.
Property profile
VerifiedCap rate & NOI
Current use
-
Alternative Medicine Practice
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COMME · Milford, INZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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