138-140 Main St, Milford, MA 01757
This exceptional retail opportunity presents 12,856 square feet of vacant space within the Milford Square Shopping Center, located at 138-140 South Main Street, Milford, MA 01757. The center, built in 1988 and extensively renovated in 2023, comprises four single-story buildings totaling 50,025 square feet. Units range from a minimum of 3,556 square feet to a maximum contiguous space of 5,300 square feet, offering flexibility for various retail concepts. The property sits on a 7.86-acre lot and boasts ample parking with 6.8 spaces per 1,000 square feet. Its strategic location on Route 140 (South Main Street) provides excellent visibility and accessibility, situated just one mile south of Milford's commercial center and approximately four miles from Route 495 (Exit 46 or Exit 48). The property is zoned CC - Highway Commercial, within Worcester County, making it ideal for a variety of uses including retail, education, recreational, medical, office, or flex space. This is a rare chance to secure a well-located, recently renovated retail space in a thriving Massachusetts market. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.