Commercial Sale at 438 Center Street, Ludlow MA 01056
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27 photos

$750,000

438 Center Street, Ludlow MA 01056
Ludlow, MA 01056
Listed by Suzie Ice Team
Bedrooms
N/A
Bathrooms
N/A
Living area
3,146 sqft
Year built
1945

About this home

Highly sought-after development opportunity in a premier commercial corridor. This strategically located parcel offers exceptional exposure w/immediate proximity to I-90 (just minutes from Ludlow exit). Situated directly alongside I-90 & surrounded by numerous national retailers, this site benefits from strong traffic counts & outstanding visibility. Located across from the Big Y Supermarket plaza & Burger King, with McDonald’s, Starbucks, Dunkin’, Wendy’s, KFC, plus additional retailers, banks, & gas stations nearby, the property sits at a busy, signalized intersection—an ideal setting for a wide range of commercial uses.The parcel encompasses approximately 14,806± sq ft and includes an existing mixed-use residential/commercial building totaling 3,146± sq ft. This rare and strategically positioned site offers unparalleled visibility and consistent exposure to a high volume of daily commuters and potential customers making it an exceptional opportunity for redevelopment or investment!

Property details

MLS
MLS Property Information Network
MLS #
73472520
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
268
On market date
January 28, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.34 acres
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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
Harris Brook Elementary School
0.65 mi away · Grades 2-5
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
619
Student:teacher ratio
10.9:1
District
Ludlow
Middle
Paul R Baird Middle
1.1 mi away · Grades 6-8
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
533
Student:teacher ratio
10.1:1
District
Ludlow
High
Ludlow Senior High
0.8 mi away · Grades 9-12
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
827
Student:teacher ratio
10.6:1
District
Ludlow

Walkability

Blended score for Ludlow'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).

64
Walkable
out of 100
EPA National Walkability Index
7.8 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes15
Grocery stores5
Parks4
Schools5
Transit stops9
Pharmacies2

Market position

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

On the market 268 days -- 186 more days than Ludlow's current average of 82 days.
For reference, the median list price across 126 active listings in Ludlow right now is $372,400.

Mortgage calculator

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

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Est. monthly payment
$4,667/mo
$150,000 down
$600,000 loan
Principal & interest$3,892
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 7, 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.