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The Milford House 92 Water St 9,900 SF Retail Building Milford, NJ 08848 $1,000,000 ($101.01/SF)



Investment Highlights
- Step into a piece of Milford's charm with this unique restaurant property, nestled in a historic setting and brimming with potential.
- Whether you're envisioning a rustic tavern, upscale bistro, or casual eatery, this space is ready to adapt to your dream.
- . This turnkey opportunity includes the building, lot, liquor license, and existing inventory, making it ideal for entrepreneurs or investors
Executive Summary
Step into a piece of Milford's charm with this unique restaurant property, nestled in a historic setting and brimming with potential. This turnkey opportunity includes the building, lot, liquor license, and existing inventory, making it ideal for entrepreneurs or investors ready to bring their culinary vision to life.The inviting dining room features exposed stone walls and a cozy fireplace, creating a warm and memorable atmosphere for guests. Just off the bar area, a covered porch offers additional space for al fresco dining or cocktails, perfect for seasonal enjoyment.Inside, the bar continues its welcoming vibe with a pool table and dart board area, encouraging a lively and social ambiance. Whether you're envisioning a rustic tavern, upscale bistro, or casual eatery, this space is ready to adapt to your dream.Upstairs, you'll find a one-bedroom apartment ideal for an owner-operator or staff housing
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,900 SF
Building Class
B
Year Built
1985
Price
$1,000,000
Price Per SF
$101.01
Tenancy
Single
Building Height
3 Stories
Building FAR
0.49
Lot Size
0.46 AC
Zoning
BUS
Parking
21 Spaces (7.95 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-00005-0000-00003 | Improvements Assessment | $307,400 |
| Land Assessment | $78,300 | Total Assessment | $385,700 |
Property Taxes
Parcel Number
20-00005-0000-00003
Land Assessment
$78,300
Improvements Assessment
$307,400
Total Assessment
$385,700
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The Milford House | 92 Water St
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