40 Main St Milford, MA 01757-3256
Property profile & analytics
40 Main St Milford, MA 01757-3256
- Retail space
- 1,792 SF
- 0.10 lot acres
Property ID
US38-0515777
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Car-Leo Floor Covering / Carpet & Flooring Store
Property Details for 40 Main St
- Year built
- 1952
- Construction
- FRAME
- Lot size
- 0.10 lot acres
- Property size
- 1,792 SF
- Zone code
- RA
- Property type
- Retail space
- APN
- MILF M:52 B:000 L:369A
- APU
- MILFM52B000L369A
Description
This exceptional opportunity presents a thriving, established flooring business complete with its prime real estate location at 40 S Main St, Milford, MA 01757. The 1,795 square foot storefront, situated on a 4,500 square foot lot, boasts 10 parking spaces, making it highly accessible for customers. Built in 1952 and renovated in 2017, the single-story building is zoned RA and offers a single unit tenancy. The business itself has a remarkable 50+ year history of providing quality residential and commercial flooring sales and installation services. The asking price of $589,900 includes both the business and the real estate, representing a price per square foot of $328.64. The current owner is retiring and will provide training and a smooth transition to the new buyer. This turnkey operation presents significant growth potential, with the possibility of expanding product lines and leveraging marketing strategies to reach a wider customer base. The property's location within the Route 495 belt provides excellent regional accessibility. The occupancy date is April 30, 2023. This is a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.5209
- Latitude
- 42.1356
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,155
$132,400
$123,100
$255,500
-
$0.00
$0.00
$0.00
