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    231 East Main St Milford, MA 01757

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    For Lease
    Contact for pricing

    Retail and office space with high visibility and ample parking.

    Property size:
    16,512 SF
    Lot size:
    16,512 SF

    Property Features for 231 East Main St

    General Information

    Size
    16,512 SF

    Building Details

    Year built
    1988

    Source: Matt McDonald Agent Matt McDonald

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

    Overview

    Milford Retail/Office Space for Lease

    Located on East Main Street in Milford, MA, this property offers an opportunity to lease space suitable for both retail and office users. The property features prominent pylon signage and excellent visibility along Route 16. Ample on-site parking is available, with a total of 88 spaces. The location benefits from a high-traffic corridor and is surrounded by national retailers, restaurants, and dense residential neighborhoods. The property is well-maintained and situated in a strong, established commercial area of Milford. Convenient access is provided to I-495 and the Forge Park/Route 495 Commuter Rail (Franklin Line). The property offers flexible floor plans and a total property size of 16512 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -71.4927056
    Latitude
    42.1516867

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    FAQs

    What type of property is this?
    Retail space - Retail and office space with high visibility and ample parking.
    Where is this retail space located?
    The property is located at 231 East Main St Milford, MA.
    What are key features of this property?
    This property features: - Excellent visibility along Route 16 (E Main Street); - Ample on-site parking with 88 spaces; - Flexible floor plans accommodating both retail and office users
    (508) 271-9211
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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
    231 East Main St Milford, MA 01757
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