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296 Main St, Milford MA 01757

Milford, MA 01757 • South Milford
$1,200,000
Est. $7,243/month
0.31
Acres
1960
Year Built
160
Days on Market
Active Price Drop -$100,000 Listed Sep 17, 2025 • MLS# 73432251 Copied!

About this home

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 electrical service to reduce near-term CapEx. All kitchen infrastructure and spare catering equipment will convey, accelerating speed-to-open.

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Property Overview

Listing Type
Commercial Sale
Year Built
1960

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1960
Lot Size 0.31 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available, 440 Volts, Three Phase

Financial

Annual Tax $11,697

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1960
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage: 82.00 ft
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

South Milford

296 Main St, Milford MA 01757

Milford, MA 01757

Walkability

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Nearby Schools

School District
Milford School District local
C+
School Safety 2024-25
3.8% Above Average
3.2% Suspensions 0.9% In-School 0.6% Emergency
1.7% below state avg
E

Elementary Schools

3 schools
Memorial School
0.7 mi
435 students Diverse
Diverse Student Body
Grades K-02
B+
Memorial School
0.7 mi | #328 of 824 | Score: 49.9
Improved 33 spots from last year
-8.3 below state avg
558 students Moderate
Rising School
Grades K-06
Brookside School
1.0 mi
578 students Diverse
Diverse Student Body
Grades K-02
M

Middle Schools

1 school
C
Stacy Middle School
0.6 mi | #263 of 352 | Score: 35.3
Improved 32 spots from last year
-22.9 below state avg
989 students Diverse
Rising School
Grades 06-08
H

High Schools

3 schools
B
Hopedale Jr-Sr High School
0.9 mi | #150 of 346 | Score: 55.5
Dropped 64 spots from last year
-2.7 below state avg
456 students Moderate
15 sports • 874 athletes
Strong AP Program College Ready Curriculum Strong Athletics
Grades 07-12
B-
Milford High School
1.1 mi | #209 of 346 | Score: 50.8
Improved 32 spots from last year
-7.4 below state avg
1,316 students Diverse
17 sports • 1,698 athletes
Early College Program Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Riverside School
1.6 mi
Grades 06-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $975
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Sep 17, 2025
$1,200,000
Original listing

Price & Status History

Date Event Price Change
Sep 17, 2025 New Listing Added $1,200,000

Market Statistics

Days on Market
160 days
Price per Sq Ft
$—
Total Price Drop
-$100,000

Tax History

Year Taxes Assessment
2025 $11,697

Financial Details

Annual Property Tax
$11,697
Tax Year 2025

Listing Information

Listing Office Gibson CRE
Agent MLS ID CN238113
Office MLS ID AN9440
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Milford, MA

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