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. Commercial Listing: MLS 73466670. Estimated market
Welcome to 33 Chestnut St, a large two family right in the heart of Milford. This property offers 2,392 sq ft of living area, 14 total rooms and 9 bedrooms, giving you the size and flexibility you don’t usually find at this price point.Unit 1 is a spacious first floor 4 bedroom with hardwood floors, good natural light and an eat in kitchen. Unit 2 is spread across two levels with 5 bedrooms, a family room, an eat in kitchen and extra flex rooms that work well for office or storage. Perfect setup for an investor or an owner occupant who needs more space.The home sits on a low maintenance lot with parking for 4 cars, vinyl siding, town water and town sewer. Unit 1 is rented at $2,000 per month and Unit 2 will be delivered vacant, so the next owner can move in or bring rents to market.Close to downtown, shops and public transportation. Strong rental potential and a lot of upside in a growing area of Milford.
Milford is located in Massachusetts. Milford, Massachusetts has a population of 30,134. Milford is less family-centric than the surrounding county with 29.91% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Milford, Massachusetts is $89,332. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Milford is 40.5 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 49.1 inches per year, with 44.6 inches of snow per year.
