Commercial Sale at 24 Asylum St, Milford MA 01757
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$449,000

24 Asylum St, Milford MA 01757
Milford, MA 01757
Listed by Scott Savage
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

Prime Professional Office Opportunity in Milford. Currently being utilized as a single Unit building the property is deeded as two separate units providing greater revenue potential. Excellent opportunity to own a well-established professional office property at 24 Asylum Street in Milford. Conveniently located just off the downtown area with easy access to major routes, local businesses, restaurants, municipal offices and area amenities, this property offers an attractive option for an owner-user, investor, or professional practice.The building is currently utilized as professional law offices and offers a functional layout well suited for attorneys, accountants, financial services, medical or other professional office users. The property provides a combination of private offices, meeting/conference space, reception and common areas, allowing for flexibility for a variety of business needs.A major advantage is the opportunity for a buyer to occupy all or a portion of the property while potentially generating rental income from additional office space. The existing professional use also provides a strong foundation for an investor seeking an established commercial property in the Milford market.Located minutes from Milford's downtown business district and offering convenient access to Route 16, Route 140 and I-495, the property is positioned to serve clients and employees throughout the MetroWest and surrounding communities.Whether you're looking to establish your own professional headquarters, expand an existing business, or add a commercial property to your investment portfolio, 24 Asylum Street offers location, flexibility and long-term potential in the heart of Milford.

Property details

MLS
MLS Property Information Network
MLS #
73567725
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
57
On market date
August 25, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Woodland
0.9 mi away · Grades 3-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
931
Student:teacher ratio
11.0:1
District
Milford
Middle
Stacy Middle
1.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,008
Student:teacher ratio
12.8:1
District
Milford
High
Milford High
0.66 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,278
Student:teacher ratio
13.0:1
District
Milford

Walkability

Blended score for Milford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

35
Car-dependent
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable
Google Places amenity density
26 / 100
Restaurants & cafes3
Grocery stores0
Parks0
Schools6
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in Milford, from live MLS data.

On the market 57 days -- 64 fewer days than Milford's current average of 121 days.
For reference, the median list price across 156 active listings in Milford right now is $488,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,854/mo
$89,800 down
$359,200 loan
Principal & interest$2,330
Property tax (est.)$374
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.