For Sale
$589,900

40 Main St Milford, MA 01757

Established Flooring Business w/Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional opportunity presents a thriving, established flooring business complete with its prime real estate location at 40 S Main St, Milford, MA 01757. The 1,795 square foot storefront, situated on a 4,500 square foot lot, boasts 10 parking spaces, making it highly accessible for customers. Built in 1952 and renovated in 2017, the single-story building is zoned RA and offers a single unit tenancy. The business itself has a remarkable 50+ year history of providing quality residential and commercial flooring sales and installation services. The asking price of $589,900 includes both the business and the real estate, representing a price per square foot of $328.64. The current owner is retiring and will provide training and a smooth transition to the new buyer. This turnkey operation presents significant growth potential, with the possibility of expanding product lines and leveraging marketing strategies to reach a wider customer base. The property's location within the Route 495 belt provides excellent regional accessibility. The occupancy date is April 30, 2023. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable location.

Highlights

  • Established flooring company with over 50 years of proven success, including sales and installation of residential and commercial flooring.
  • Real estate included in the sale price.
  • High potential for growth through expanded product lines and marketing.
  • Turnkey operation with existing client base and scheduled jobs; seller will provide training.
  • Strategically located within the Route 495 belt.

Property Details for 40 Main St

Property type
Retail properties, Retail space
Square Feet
1,795 SF
Year Built/Renovated
1952/2017
Buildings
1
Stories
1
Units
1

Location Insight

City
Milford
County
Worcester
State
Massachusetts
Latitude
42.1355297
Longitude
-71.5208808

FAQs

What type of property is this?
Retail property - Established Flooring Business w/Real Estate
Where is the retail property located?
The property is located at 40 Main St Milford, MA.
What is the asking price?
The asking price for this property is $589,900.
What are key features of this property?
This property features: Established flooring company with over 50 years of proven success, including sales and installation of residential and commercial flooring.; Real estate included in the sale price.; High potential for growth through expanded product lines and marketing.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
40 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message