FOR SALE–4 STORY RETAIL / OFFICE BLDG

89 MAIN STREET, MILFORD, MA

“
Downtown Milford”

Seller Financing to qualified buyers.

For more information, please contact: $1.1M
Property Description:
Don't miss out on this great opportunity! Retail and Office
building in the heart of Milford. Over $100,000 in recent
Trish O'Neil updates.
508-875-4800 x 318 –office New owner to benefit from the recent updates. All retail space
508-254-1474 –cell is leased. 2nd and 3rd floors are fully leased.
Trish@ipsre.com
Location Description
High Traffic Downtown Location on Route 16 Easy access to
855 Worcester Road
Routes 85,109 and 495. On Street Parking as well as FREE
Framingham, MA 01701
Municipal parking lots.
www.ipsre.com
Demographics
1 mile 3 mile 5 mile
Population 12,427 36,948 65,738

HHI $58,478 $79,080 $95,363

Listing Date 9-1-09

The above information is from sources deemed reliable but cannot be
guaranteed to be completely accurate. Prospective Buyers are advised to
verify information. I.P.S., Inc. represents the Owner. IPS does not co-
broke with Principals nor recognize representation after the first showing.
 Square
Tenant Floor Rent Footage Lease Term Notes

Original term seven (7) years.

2 Medals LLC B $32,400.00 4000 7/31/2010 Has a five (5) year option
Seraphic Springs 1 $3,000.00 250 Projected
Brazil Express 1 $4,800.00 300 TAW
Custom Creations 1 $18,000.00 1,450 7/31/2010
Milford Psychological 2 $9,300.00 800 7/16/2010
Town of Milford 2 $8,760.00 800 TAW
Office Space 2 $7,200.00 500 Projected
All Pro 3 $17,100.00 1,300 5/1/2010
Kinback Associates, LLC 3 $7,200.00 600 10/1/2010 Two (2) three (3) year options
Thorpe Associates 3 $6,600.00 500 7/1/2010
4th floor office space 4 $30,000.00 2500 Projected

Total $144,360.00

Vendor Expense Notes

Utilities $14,605.77
Insurance $3,393.00
Real Estate Taxes $14,472.54 2009
Cleaning $2,672.94

Total $35,144.25

Projected NOI $109,215.75