Located on bustling Route 16 (East Main Street) in the heart of Milford’s vibrant downtown, this well-maintained mixed-use property offers exceptional visibility, high traffic, and strong income potential. Just minutes to I-495, it provides easy access to Boston, Worcester, and Providence. The building includes three ground-level storefronts with excellent street frontage—one currently vacant for immediate occupancy and 1 unit with a long-term tenant using 2 units. Second floor has 3 unusually spacious one-bedroom apartments that offer comfortable living and reliable rental income. A heated warehouse with high ceilings, garage door access, and a dedicated office adds flexible space ideal for various ventures. Additional features include natural gas heating, separate utilities for all units, and a strong occupancy history. The property is surrounded by shops, restaurants, and local amenities, with the Upper Charles Bike Trail nearby. Estimated market rents are $9200 - $9700 per month.
99-101 E Main St, Milford, MA, 01757
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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