Property profile

198 Main St Milford, MA 01757

OFF-MARKET
Turn key restaurants
Property ID
US38-1081693
3,105 SF 0.37 ac lot Built 1986
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction STEEL FRAME
Total area 3,105 SF
Lot 0.37 ac (16,200 SF)
Zoning code IC
APN MILF M:32 B:000 L:12A
UPID US38-1081693

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

198 Main St Milford, MA 01757-2808
Milford metro Census 744202 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$680k
Blend (final) Blend
$350k

Owner & transaction history

since 2026
Last sale
$900,000
7 recorded transactions
2026
Price N/A
2026
$900,000
2018
$585,900
2002
$1.9M
2002
$10,000
2001
$62,500
2000
Price N/A

Zoning & alternative use

IC · Milford, MA
Zoning description

ACTIVITY OR USE RA RB RC RD OR BP CA CB CC IA IB IC RECREATIONAL USES Camping, commercial O O O O O O O O O O O O Camping, supervised O A A A O O O O O O O O Commercial recreation/ Indoor l O O O O O O P P P P P P Commer…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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