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78 Prospect St
Milford, MA 01757
Rt 140 Milford. 4.98 Acres · Land For Sale · 4.98 AC

Investment Highlights

  • Heavy Day / Night traffic on Major Rt 140
  • Flexible zoning provides immense potential for the creation of commercial uses, institutional, recreational, attractive for aspects retail/sales etc.
  • Strategically positioned at a signalized intersection

Executive Summary

Development Potential: The property currently provides an existing 2,000 sf building along with massive development options to grow with upwards of 35% building coverage on the property. The flexible zoning provides immense potential for the creation of commercial uses, institutional, and recreational, particularly attractive for all aspects of retail / wholesale / sales / service, along with office. This popular location and site align perfectly within the communities’ needs for growth expansion of all categories retail, shopping, office, recreation. Earmarking the community’s commitment to foster commercial growth.
Ideal Location: Strategically positioned at a signalized intersection, commuting residents will enjoy seamless access to major transportation routes, buses, and highways. This convenient location enhances the property's appeal and further underscores its potential for commercial development.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • Garden Center
  • General Freestanding
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Medical
  • Office Park
  • Outlet Center
  • Power Center
  • Rehabilitation Center
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 4.98 AC
Zoning CC (Commercial) - Commercial: Property has 2,000 sf of building on 4.98 Acres@ signalized intersection w/ approxx.2,000 ft of major road frontage. Multiple Uses allowed

1 Lot Available

Lot

Price $3,500,000
Price Per AC $702,811.24
Lot Size 4.98 AC

Strategically positioned at a signalized intersection, zoned CC (Highway Commercial), this expansive lot includes a 2000 sf bldg. with approx. 4.98 Acres+- with approx. 2000 ft. of major road frontage, Walking distant to all shopping.

Description

Prime Development Opportunity in Milford, Ma. Welcome to 78 Prospect Street, Rt 140, Milford, Ma. an exceptional development opportunity situated in the heart of Milford. With its favorable CC (Highway Commercial) zoning district, this expansive lot size of approximately 5 Acres+- with over 2000- sf of street frontage is located at a recently signalized corner on route 140. Walking distant to all shopping, including Walgreens, Shaw’s and the U-Mass Milford Regional Hospital and Dana Farber Cancer Center. This property presents an outstanding opportunity for forward-thinking developers and investors.

  • Listing ID: 38917969

  • Date on Market: 12/29/2025

  • Last Updated:

  • Address: 78 Prospect St, Milford, MA 01757

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