Share This Listing

Message

932 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

296 Main | Corner + Distribution 296 Main St 4,000 SF Retail Building Milford, MA 01757 $1,675,104 CAD ($418.78 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Two-Parcel Assemblage — Signalized Route 16/Main St corner with ±82’ frontage plus bonus lot.
  • CB Zoning (Central Business) — Restaurant/retail by-right with value-add paths (split, expand, or adaptive reuse)
  • Turnkey Restaurant (±4,000 SF) — Operate day one; kitchen expansion/second suite/ghost kitchen optionality; FF&E package conveys with sale
  • A+ Visibility & Demand Drivers — Between hospital and downtown civic core on a high-traffic corridor.

EXECUTIVE SUMMARY

Welcome to 296 Main Street a premier commercial asset in the heart of Milford’s Central Business District. Fronting Route 16/Main Street, this ±4,000 SF freestanding building sits on a±0.48-acre corner parcel with ±82 feet of direct frontage, surrounded by medical, municipal, and daily-needs retail. The sale also includes a separate lot across the street, delivering overflow parking today and future development flexibility. Inside the existing footprint, a flexible rear area unlocks immediate value-add: expand BOH for a bakery/commissary, launch a delivery-first ghost kitchen, demise for a second, income-producing retail bay, or simply expand the restaurant’s dining/bar program. All subject to approvals. The building has been continuously updated and maintained, including fresh exterior paint, renovated restrooms, and an upgraded 400-amp electrical service to reduce near-term CapEx. Select kitchen infrastructure and spare catering equipment will convey, accelerating speed-to-open.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1960/2000
Price
$1,675,104 CAD
Price Per SF
$418.78 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.48 AC
Zoning
CB, Milford - Central Business (Downtown Core). Pedestrian-oriented district allowing high-intensity commercial. By right: retail & services, restaurants, office
Parking
30 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
82’ on Main

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • JR's Dinner
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
JR's Dinner Retailer - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Rockland Trust Company
Ruby Tuesday
El Rinconsito
Bank of America
Shaw's
Planet Fitness
Santander

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MILF-000048-000000-000197
Land Assessment
$255,592 CAD
Improvements Assessment
$450,937 CAD
Total Assessment
$706,529 CAD
  • Listing ID: 37710633

  • Date on Market: 2025-09-17

  • Last Updated:

  • Address: 296 Main St, Milford, MA 01757

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}