For Sale
$1,985,000

397 Central St Franklin, MA 02038

Spacious Office Building, Ample Parking, Redevelopment Potential

Overview

Added:
Feb 3
Days on market:
80
This exceptional commercial property, located at 397 East Central Street in Franklin, MA, presents a unique investment opportunity. The 10,400 square foot office building sits on a desirable 1.14-acre lot zoned Commercial II, offering significant flexibility for various uses. The building features approximately 5,000 square feet per floor, each independently metered for efficient utility management. Town water, sewer, and natural gas services are readily available. Currently, the first floor is vacant, providing immediate occupancy potential for a wide range of businesses, such as accounting firms, law offices, or medical practices. The floor plan includes numerous private offices, a kitchen, a conference room, and flexible spaces ideal for customization. The second floor is currently leased to a dental practice, with the lease expiring October 31, 2026. The property boasts a substantial 60-space parking lot, ensuring ample convenience for tenants and visitors. This level lot presents excellent opportunities for owner-occupancy or future redevelopment projects, capitalizing on the prime location and substantial square footage. The property's versatility and location make it an attractive investment for both immediate income generation and long-term growth.

Property Details for 397 Central St

Property type
Commercial real estate
Year Built
1974
Lot Size (sq. ft)
49,658 SF

Location Insight

City
Franklin
County
Norfolk
State
Massachusetts
Latitude
42.08031
Longitude
-71.37939

FAQs

What type of property is this?
Commercial real estate - Spacious Office Building, Ample Parking, Redevelopment Potential
Where is the commercial real estate located?
The property is located at 397 Central St Franklin, MA.
What is the asking price?
The asking price for this property is $1,985,000.
How can I contact the broker?
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397 Central St
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