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    36 Main St Milford, MA 01757

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    For Sale
    $985,000

    High-visibility mixed-use property with commercial and residential buildings.

    Lot size:
    0.49 Acres

    Property Features for 36 Main St

    General Information

    Lot size
    0.49 Acres

    Building Details

    Year built
    1825

    Source: Premeer Real Estate Inc. Agent Gregory Buckingham

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

    Overview

    Mixed-Use Property in Prime Location

    This mixed-use property, situated in a prime location on Rt. 16 in downtown Milford, offers high visibility and convenient highway access from Rt. 495 and Rt. 146. The property features three buildings, including two commercial buildings and a two-family residential building, all complemented by a freshly paved parking lot. The first commercial building, spanning 520 sqft, provides storefront business space exposure on Main St. The second commercial building, formerly an auto body shop, offers 5677 sqft of two-level open warehouse space with garage overhead door access, open space interior, and high ceilings; its siding and roof have been recently updated. The residential building, totaling 3030 sqft, comprises two units, each with 2-3 bedrooms and 1 bath. The first-floor unit is currently rented, while the second-floor unit is vacant and has been brought down to the studs, presenting opportunities for new finishes. This property is suitable for an owner-occupy live/work setting or as an investment property.
    Insight Report Location Intelligence

    Current Use by Public Records

    AAA Auto Appraisal Appraiser

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5153327
    Latitude
    42.1431938

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility mixed-use property with commercial and residential buildings.
    Where is this mixed-use property located?
    The property is located at 36 Main St Milford, MA.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Prime location on Rt. 16 in downtown Milford with high visibility and highway access to Rt. 495 & Rt. 146.; - Nearly 10,000 sqft mixed-use property with commercial and residential buildings.; - Two commercial buildings: **storefront business space and a large warehouse with overhead doors and high ceilings.**
    (508) 380-4540
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    36 Main St Milford, MA 01757
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    36 Main St
    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
    36 Main St Milford, MA 01757
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