200 Fortune BlvdMilford, MA 01757

Property Details for 200 Fortune Blvd

Year built

2007

Construction

STEEL FRAME

Lot size

1.84 AC

Property size (Sq ft)

5,040 SF

Zone code

IB

Property type

Retail properties

Property subtype

Retail space

APN

MILF M:28 B:098 L:30A

APU

MILFM28B098L30A

Description

This exceptional retail space, located at 200 Fortune Boulevard in Milford, Massachusetts, offers 1,500 square feet of immediately available commercial space within a larger 5,000 square foot multi-tenant building. Situated in Worcester County, this property enjoys a highly desirable location just off Route 495, ensuring excellent visibility and accessibility for your business. The building's prime location places it within easy reach of a wealth of amenities, including numerous retailers, restaurants, and banking institutions, all conveniently located within walking distance. This creates a vibrant and bustling environment, ideal for attracting customers and establishing a strong presence in the community. The available space is perfect for a variety of retail uses, offering ample room for showcasing products and providing exceptional customer service. The property is part of a larger commercial building, providing a sense of community and shared resources. The address is 200 Fortune Blvd, Milford, MA 01757. This is a fantastic opportunity to establish or expand your business in a thriving commercial area. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,224,896

  6.5%

  $1,130,673

  7%

  $1,049,911

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,659,486

  Geo Method

  $1,659,486

• Alternative Use

  Use

  Valuation

  Residential

  $953,765

  Hospitality

  $873,644

  Educational

  $726,861

  Medical

  $751,859

  Retail

  $1,130,673

Location Insight

City

Milford

County

Worcester

State

Massachusetts

Latitude

42.161

Longitude

-71.503

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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