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    108 Elm St Millbury, MA 01527

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    For Lease
    Contact for pricing

    4,440 SF medical/retail space in Millbury's downtown district.

    Property size:
    4,440 SF
    Lot size:
    4,440 SF

    Property Features for 108 Elm St

    General Information

    Size
    4,440 SF

    Building Details

    Year built
    1971

    Source: Michael C. Jacobs Agent Michael C. Jacobs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical/Retail Space in Downtown Millbury

    Located in the heart of Millbury's downtown district, this 4,440 square-foot space is suitable for medical or retail use. The property, formerly a Reliant Medical location, features multiple plumbed exam rooms, additional consultation rooms, and a full basement. Ample parking is available in the municipal lot located behind the building. The property's strong visibility and curb appeal on Main Street in Millbury make it ideal for a mid-sized medical practice or a variety of retail establishments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spicy Water Distillery Distillery Day-Repair Chimneys & Fireplaces ... Fireplace Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Milbury Animal Clinic, Banfield Pet Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Millbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7612971
    Latitude
    42.1912567

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    FAQs

    What type of property is this?
    Medical office - 4,440 SF medical/retail space in Millbury's downtown district.
    Where is this medical office located?
    The property is located at 108 Elm St Millbury, MA.
    What are key features of this property?
    This property features: - 4,440 sf of medical/retail space in Millbury's downtown.; - Formerly Reliant Medical, with multiple plumbed exam rooms.; - Additional consultation rooms and a full basement.
    (774) 230-3448
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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
    108 Elm St Millbury, MA 01527
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