Rare opportunity to own a free-standing retail building, with steel I-beam construction in the heart of Milford’s sought-after downtown community. Built in 1952, this property at 40 S Main St has a rich history of commercial success, having been operated as a local floor covering company for over 50 years. This landmark site offers 1,792 square feet of versatile space with 12-foot ceilings, ideal for a showroom, professional office, or boutique. Strategically located with high visibility and excellent access to RT 16 and public transportation, the building features a paved driveway and ample parking. Legal non-conforming, it represents a stable and proven location for your next venture. The building is connected to public water and sewer utilities. This is a unique chance to secure a property with decades of established presence in a vibrant business district.
40 S 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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