Located in the heart of downtown Milford, this multi-purpose commercial building offers flexibility and a lot of options. Main level could be retail or office space, upper level is an apartment for rental income or living space for the business owner. Main level has a large open main area, a rear office, storage room and rest room. The upper level apartment has a large living room (with bay window streetside), an open kitchen and dining area, 2 bedrooms, a full bathroom, laundry area plus access from the front and rear of the building. Partial basement for storage and mechanicals for the main level, city streetside parking in the front and ample off street parking in the rear. Some upgrades over the years: Manabloc with PEX plumbing, modern breaker boxes and wiring, insulated windows and doors. NIPSCO gas (each level metered separately), NIPSCO electric, city water & sewer. An affordable way to have business space right on Main Street, immediate possession available.
Welcome to an incredible opportunity in the heart of Milford, Indiana! This prime commercial building is perfect for investors or entrepreneurs looking to make their mark in a thriving community. Boasting a convenient location, this property offers great potential for a wide range of businesses, thanks to its flexible layout and two upper-level apartments. With a little TLC, this gem can be transformed into a highly profitable venture.
Milford is located in Indiana. Milford, Indiana has a population of 1,737. Milford is less family-centric than the surrounding county with 27.79% of the households containing married families with children. The county average for households married with children is 29.17%.
The median household income in Milford, Indiana is $44,464. The median household income for the surrounding county is $66,764 compared to the national median of $69,021. The median age of people living in Milford is 33.3 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 38.9 inches per year, with 33.4 inches of snow per year.
