138 Main St, Milford, MA 01757
Milford Square, located at 138 South Main Street in Milford, Massachusetts (zip code 01757), presents a compelling retail investment opportunity. This four-story commercial property, totaling 50,205 square feet, offers multiple tenancy options within its three suites. Currently, 12,856 square feet of space is available, divisible into units ranging from a minimum of 3,556 square feet to a maximum contiguous space of 5,300 square feet. The property boasts a strategic location on Route 140 (South Main Street), just one mile south of Milford's commercial core, ensuring high visibility and accessibility. Existing tenants include prominent businesses such as the Registry of Motor Vehicles, Honey Dew Donuts, AT&T, Homefield Credit Union, and the Garden Restaurant, establishing a strong and diverse tenant mix. Ample parking is provided with 342 spaces, offering a generous 6.8 spaces per 1,000 square feet. Situated in Worcester County, this property offers a unique chance to establish or expand a retail presence in a thriving Massachusetts community. The property's existing tenant base and convenient location make it an attractive option for businesses seeking high foot traffic and easy access for customers. The available space is ideal for a variety of retail or restaurant concepts.
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Milford Floor Covering Carpet & Flooring Store
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Blend Salon and Co. Hair Salon
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Mark Medeiros Alternative Medicine Practice
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Ana Delgado Spa & Massage Center Alternative Medicine Practice
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Joseph & Thomas Opticians Ophthalmologist (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.