91 Ford St - Industrial FOR SALE


Milford, CT 06461- Downtown Milford
$1,100,000 USD
203-360-1411
91 Ford St, Milford, CT for Sale
$1,100,000 USD
Industrial - FOR SALE
1/12
null | Request Cap Rate

91 Ford St
Milford, CT 06461
Downtown Milford


HIGHLIGHTS

  • Unique opportunity to acquire a commercial/industrial property with an income-producing single-family residence situated on approximately 0.40 acres.

OVERVIEW

Unique opportunity to acquire a commercial/industrial property with an income-producing single-family residence situated on approximately 0.40 acres. The property features a 2,640 SF cinder-block commercial/industrial garage building measuring approximately 80' x 33'. The building offers 14' and 18' ceiling heights, three garage doors, two entry doors, a vehicle lift, and a large open work area providing flexibility for a variety of commercial and owner-user applications, subject to applicable zoning. The commercial building was constructed in 1977. Also included is an approximately 2,000 SF, two-story single-family residence featuring 2 bedrooms, 3 bathrooms, and a 2-car garage. The residence was also built in 1977 and is currently rented for $3,000 per month, providing existing rental income to a purchaser. The combination of commercial space, residential rental income, parking/yard area, and flexible building configuration creates an attractive opportunity for an owner-user, investor, or live/work buyer.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,239

ZONING

CDD1

APN/PARCEL ID

MILF-000064-000940-000007D

ASK ABOUT THIS PROPERTY

Brent ReillyAegis Realty GroupMore Info
203-360-1411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brent ReillyAegis Realty GroupMore Info
203-360-1411

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.