189 Main St Milford, MA 01757
- Car washes
- 5,250 SF
- 0.40 lot acres
Current Use by Public Records
- Dr. Patrick Assioun / Dentist / Practitioner Service Location
- D & F Afonso Builders Inc / Construction Company
- FedEx Drop Box / Mailing Service
- Fourstar Group USA, Inc. / Research And Product Development
- Postum Kris OD / Optometrist
Property Details for 189 Main St
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 0.40 lot acres
- Property size
- 5,250 SF
- Zone code
- CB
- Property type
- Car washes
- APN
- MILF M:33 B:000 L:3
- APU
- MILFM33B000L3
Description
This exceptional 2,750-square-foot medical office space at 189 Main Street is ideally suited for a variety of medical practices. Previously occupied by an orthodontist, the property is move-in ready and features a thoughtfully designed layout including a welcoming waiting room, a dedicated reception area, several treatment rooms, a functional lab space, and a private half-bath. A private office provides additional space for administrative tasks or consultations. The space is fully wired to support the technological needs of a modern medical practice. The building itself offers a secure environment with 24/7 CCTV surveillance and controlled electronic entry for enhanced safety and peace of mind. Accessibility is ensured with features compliant with ADA standards. This is a highly attractive Net lease opportunity, eliminating the burden of NNN costs, allowing for predictable and manageable operating expenses. The single-tenant occupancy provides a streamlined and efficient operational environment. This property presents a unique opportunity for a medical professional seeking a well-equipped and conveniently located space to establish or expand their practice. The location on Main Street offers excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $440,000
- 7%
- $440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $455,000
- Geo Method
- $465,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $585,000
- Retail
- $440,000
- Mixed-Use
- $465,000
- Hospitality
- $575,000
- Educational
- $450,000
- Residential Income
- $585,000
- Energy
- $545,000
- Income-Based Land
- $540,000
- Food Service
- $535,000
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.5026
- Latitude
- 42.1506
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
