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Retail/Office Space on Route 16
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231 East Main Street, Milford, MA 01757

High-visibility space suitable for retail or office use.

Space Size1,350 SF - 2,200 SF
Property Size16,512 SF
Days on Market194

Property Features for 231 East Main Street

General Information

Standard status Active
Size 1,350 SF - 2,200 SF
Class A
Property subtype Retail

Building Details

Building Size 16,512 SF
Year Built 1988

Spaces For Lease

at 231 East Main Street Contact us

First Floor Retail Space Available

Size
2,200 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Office Space Available

Size
1,350 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Matt McDonald
Source: Naiglobal
Added: Feb 26 Changed: Sep 6 Last Checked: Sep 7 at 7:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

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 benefits from prominent pylon signage and excellent visibility along Route 16. It features ample on-site parking with 88 spaces. The location provides convenient access to I-495 and the Forge Park/Route 495 Commuter Rail (Franklin Line). Situated in a high-traffic corridor, the property is surrounded by national retailers, restaurants, and dense residential neighborhoods. The property is well-maintained and located in a strong, established commercial area of Milford, making it a desirable location for businesses seeking visibility and accessibility.

Key Highlights

  • Excellent visibility along Route 16 (E Main Street).
  • Ample on‑site parking with 88 parking spaces.
  • Flexible floor plans accommodating both retail and office users.

Property Analytics

Current Use

Acapulcos Mexican Family ... Restaurant TechPro Autoworks Inc. Auto Repair Shop Raymond M Mastroianni ... Law Firm STAR Car Rental Car Rental Facility Peter Roberts & Associates Financial Advisor

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Grocery & Convenience Store Garden Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

665
Businesses Nearby
376k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Shops & Services 27% Groceries 18% Apparel 14%
Kohl's Apparel
49,305 visits/mo 0.4 miles
Stop & Shop Groceries
48,762 visits/mo 0.3 miles
McDonald's Dining
31,744 visits/mo 0.3 miles
Starbucks Dining
19,600 visits/mo 0.4 miles
Aldi Groceries
18,390 visits/mo 0.2 miles

Demographics for 01757, MA

30,479
Population
11,833
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
87%
High-School Grad
15.1 sq mi
ZIP Area
2,018
Density / Sq Mi
$92,951
Median Household Income
$47,975
Median Earnings
$1,702
Median Rent
$444,100
Median Home Value

Market

Lease Benchmarks for Milford, MA

$22.22 /SF/Yr
Avg Asking Price
$15–$25.2 /SF/Yr
Price Range
2,410 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility space suitable for retail or office use.
Where is this retail space located?
The property is located at 231 East Main Street 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 parking spaces**.; Flexible floor plans accommodating both retail and office users.
More about this property
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