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251 Elm St
Milford, NH 03055

Established Restaurant for Sale · Retail Property For Sale

Investment Highlights

  • Long established Seafood Restaurant since 1990.
  • Excellent visibility with 216' of frontage on 101A.
  • 55 Seats (83 seat capacity) and outdoor seating.
  • Profitable - estimated to flow $160K in SDE in 2022.
  • 25 Parking Spaces
  • Pole sign

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,410 SF
Building Class
C
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.76 AC
Zoning
ICI
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
218 FT on Elm St

About 251 Elm St , Milford, NH 03055

SVN The Masiello Group is pleased to present the sale of Milford Seafood and Grill. This location has been operating as a Seafood restaurant and grill since 1990 but would also work for alternate restaurant types including casual dining, family dining, pizzeria, Italian, Mexican, American, etc. The location offers excellent visibility, parking, and access on busy 101A (Elm Street) in Milford. The sale includes the business and equipment package. The new lease was just signed in March and continues through March 2027. Sale of business is contingent upon acceptable assignment of lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MFRD-000019-000000-000022
Land Assessment
$154,600
Improvements Assessment
$208,900
Total Assessment
$363,500
  • Listing ID: 25994734

  • Date on Market: 6/22/2022

  • Last Updated:

  • Address: 251 Elm St, Milford, NH 03055

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