40 Main St Milford, MA 01757

Property Details for 40 Main St

Year built

1952

Construction

FRAME

Lot size

0.10 lot acres

Property size

1,792 SF

Zone code

RA

Property type

Retail space

APN

MILF M:52 B:000 L:369A

APU

MILFM52B000L369A

Description

This exceptional opportunity presents a thriving, established flooring business complete with its prime real estate location at 40 S Main St, Milford, MA 01757. The 1,795 square foot storefront, situated on a 4,500 square foot lot, boasts 10 parking spaces, making it highly accessible for customers. Built in 1952 and renovated in 2017, the single-story building is zoned RA and offers a single unit tenancy. The business itself has a remarkable 50+ year history of providing quality residential and commercial flooring sales and installation services. The asking price of $589,900 includes both the business and the real estate, representing a price per square foot of $328.64. The current owner is retiring and will provide training and a smooth transition to the new buyer. This turnkey operation presents significant growth potential, with the possibility of expanding product lines and leveraging marketing strategies to reach a wider customer base. The property's location within the Route 495 belt provides excellent regional accessibility. The occupancy date is April 30, 2023. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable location.