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    16 Asylum St Milford, MA 01757

    Sponsored
    For Sale
    $325,000

    Modern medical space, 4 exam rooms.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 2,319 square foot medical office condo is ideally situated at 16 Asylum Street in Milford, MA. The property boasts a highly desirable location and a contemporary build-out, perfect for a variety of medical practices. Featuring four well-appointed exam rooms, this corner unit is bathed in abundant natural light, creating a serene and inviting atmosphere for both patients and staff. The modern design elements contribute to a professional and efficient workspace. The building's prime location in Milford offers easy access to major transportation routes and a thriving community. This is a turnkey opportunity for a medical professional seeking a move-in ready space. The asking price is $325,000. The property is a condo and sits on a lot with zero acres. The building's modern design and desirable location make this an exceptional investment opportunity in a growing market. Serious inquiries are encouraged to explore this exceptional medical office space. This is a rare opportunity to acquire a well-established and highly functional medical office condo in a prime Milford location. Don't miss out on this chance to own a thriving medical practice space.

    Property Features for 16 Asylum St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. John J. ... Doctor Mona Aoude, OD Doctor Dr. Francis Sutula Ophthalmologist Dr. Jason Brenner Ophthalmologist Dr. Macie Finkelstein Ophthalmologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.54813
    Latitude
    42.1457

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    FAQs

    What type of property is this?
    Commercial real estate - Modern medical space, 4 exam rooms.
    Where is this commercial real estate located?
    The property is located at 16 Asylum St Milford, MA.
    What is the asking price?
    The asking price for this property is $325,000.
    (508) 925-7477
    Request Owner's contact information
    16 Asylum St Milford, MA 01757
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    Milford, MA 01757
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16 Asylum St Milford, MA 01757
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