Active
180 Days on market
40 S Main St Milford — Photo 1 of 24

40 S Main St Milford — Photo 1 of 24

Recent Drop: $36,000

$515,000
$479,000

$479,000

40 S Main St, Milford, MA 01757

Milford, MA 01757

Beds

--

Baths

--

SqFt

1,792

Style

Other

Built

1952

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.

Market Value Analysis

Not enough listings in Milford for a city-only view.
This Property$267/sqft
Nearby Avg (5 mi)$121/sqft
121% AboveMarket Average

* Analysis is based on 2 actively listed and recently sold comparable properties within ~5 miles of this property.

Property Details

Financials

Original Price$515,000
Annual Taxes$6,178

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRA

Property & Lot

Acres0.1
SqFt Lot4,495
Lot Features--

Geography

Property History

Price Drop
$479,000

Was $489,000

Aug 29, 2026

MLS® 73487090

Price Drop
$489,000

Was $515,000

May 7, 2026

MLS® 73487090

Listed
$515,000

Mar 16, 2026

MLS® 73487090

Terminated
$489,900

Mar 12, 2026

MLS® 73453603

Expired
$489,900

Feb 28, 2026

MLS® 73453606

Listed
$489,900

Nov 11, 2025

MLS® 73453606

Listed
$489,900

Nov 11, 2025

MLS® 73453603

Expired
$589,900

Jun 30, 2025

MLS® 73334352

Listed
$589,900

Feb 11, 2025

MLS® 73334352

Population

30,609

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: The Elevate Group

Listing Office: Keller Williams Pinnacle Central

MLS® Number: 73487090

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