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Cherry Street Portfolio
Milford, CT Downtown Milford

Price Upon Request

Portfolio For Sale  •  25,917 SF

2 Properties View all

Property Details

• Property Type Unknown

0 Transit Score

60 Walk Score

Highlights

Strong residential and medical demand in a supply-constrained market

Diversified mixed-use income stream with residential cash flow providing downside protection, inflation hedging, and demand resilience.

Long-term 20+/- year Proven medical tenancy with over two decades of continuous operations, supported by a deep, recurring patient base.

Residential rents approximately 18% below market creating clear mark-to-market upside at rollover.

Highly visible, well-located asset with convenient access, strong frontage, and ample on-site parking—critical for medical and residential users

Asking Price will create an attractive basis below replacement cost, offering a meaningful margin of safety

Property Flyers

Metro 202-204 Cherry Q Flyer

Financial Summary (Actual)

Net Operating Income: $411,801 USD (2025)

Total Expenses:

$194,362 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Milford Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	2 min	16 min	0.9 mi
Stratford Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	10 min	-	5.8 mi
Airport	Drive	Walk	Distance
Tweed/New Haven	23 min	-	13.3 mi