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91 Ford St 4,584 SF 100% Leased Industrial Building Milford, CT 06461 $1,100,000 ($239.97/SF)
Investment Highlights
- Unique opportunity to acquire a commercial/industrial property with an income-producing single-family residence situated on approximately 0.40 acres.
Executive Summary
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.
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.
Property Facts
| Price | $1,100,000 | Lot Size | 0.42 AC |
| Price Per SF | $239.97 | Rentable Building Area | 4,584 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1970 |
| Building Class | C | Clear Ceiling Height | 14’ |
| Zoning | CDD1 - CDD-1 | ||
| Price | $1,100,000 |
| Price Per SF | $239.97 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 4,584 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Clear Ceiling Height | 14’ |
| Zoning | CDD1 - CDD-1 |
Amenities
- 24 Hour Access
- Fenced Lot
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | MILF-000064-000940-000007D | Improvements Assessment | $278,620 |
| Land Assessment | $95,130 | Total Assessment | $373,750 |
Property Taxes
Parcel Number
MILF-000064-000940-000007D
Land Assessment
$95,130
Improvements Assessment
$278,620
Total Assessment
$373,750
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91 Ford St