40 Main St, Milford, MA 01757-3256
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.
-
Car-Leo Floor Covering Carpet & Flooring Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
RA · Milford, MAMilford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.