MLS Public Remarks Wow! Opportunity awaits! Own a piece of Milton history with this downtown historical building. Zoned B3, this commercial building contains retail store space with a large window and street frontage, a full apartment on the second story and an office space with two rooms off the back. Long term tenants reside in the upper apartment, the office space is vacant (prior rents for $400/mo), and the retail space is currently rented to a successful boutique (business NOT for sale) Building still has some original historical features that add to the charm. All showings will be accompanied by listing agent. Tenants not on lease. Lennox rooftop HVAC unit new in 2009. Upper apartment new furnace in 2012. Back unit has new roof in 2016.
| * 1 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Milton
C/T/V City
Unit #
Directions E On Madison Ave, North On Merchant Row.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $5
Total Units/Bldg 3
Building Gross SqFt 4,080
Net Leasable SqFt 4,080
Year Built 1899
Source for Year Built Slr
Approx Bldg Dimen 24x90
Street Frontage 24
Parking Fees/Mo. $0
Onsite Parking No
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning B3
Est. Total Acres 0.08
Source Of Est Acres Slr
Lot Dimensions
Owner
Tradename
Land Assessment $9,100
Assessment Year 2021
Net Taxes $2,728
Tax Year 2021
Improvements $111,900
Total Assessment $121,000
Income/Expenses Year $0
Gross Operating Income $13,200
Annual Operating Exp $0
Net Operating Income $13,200
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
Mo-Mo |
N/A |
0 |
$8,400 |
$5 |
$0 |
1,800 |
| 2 |
Mo-Mo |
0 |
0 |
$4,800 |
$0 |
$0 |
0 |
| 3 |
Vacant |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Office space has been used by owners as art studio. Will be vacant when purchase is final. Have gotten office space rented for $400/mo in the past.
Items Excluded
Heating/Cooling Forced air, Wall Furnace
Water/Waste Municipal sewer, Municipal water
Basement Full, Other foundation
Fuel Electric, Natural gas
Seating Capacity
Type Beauty/barber, Office, Other, Retail, Service
Exterior Treatment Brick
Building Parking No Parking, Other
Roofing Partially flat, Tar & gravel
Terms/Option
Miscellaneous
Documents on File
Location Other, Shopping center
Tenant Pays Air Conditioning, Electric, Heat, Water
Present Use Office, Other, Retail
Licenses None
Lease Type Month to month
Occupied by Tenant(s)
Sale Includes Lease(s)
Features Alley, Display window, Private Restrooms, Private office(s), Residential unit(s), Shared Restrooms
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Century 21 Affiliated
