Franklin, MA Commercial Real Estate for Sale

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Updated: Aug 3

Mixed-Use Property with Medical Suites

620 Washington St, Franklin, MA 02038

$1,250,000

4,424 sqft 2.50 AC lot

Three‑unit configuration with two first‑floor medical suites and one three‑bedroom, two‑bathroom residence
4,424 square feet on a private 2.5‑acre lot
One first‑floor medical suite is currently vacant; the other houses an existing dental practice
Town water, town sewer, and natural gas service
Full basement plus oversized shed provide additional storage

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This listing looks promising.

Here's a quick look at some key insights for

620 Washington St, Franklin, MA 02038

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$97K
Annual
Mortgage

$450K
Sep 2017
Last Sold

Jul 2021
$500K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1997

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Updated: Jul 17

Second-Floor Medical Office Suite

233 W Central St Unit 2, Franklin, MA 02038

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1,150 sqft

Second‑floor professional office suite available September 1, 2026
Suite includes four private offices, two private restrooms, and a storage room
Additional break area included in the suite
Utilities are separately metered for gas heat and electricity, plus choice of internet/cable services
Easy elevator or staircase access, with additional basement storage available (negotiable)

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Downtown Office Suite with Parking

9 Summer St Unit 302, Franklin, MA 02038

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814 sqft

Third-floor office suite with private offices, reception area, breakroom, and shared restrooms, plus one secure garage parking space.

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First-Floor Medical Office Suite

233 W Central St Unit 1, Franklin, MA 02038

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1,442 sqft

First-floor suite with four private offices, open area, kitchen/break room, and private restroom.

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Industrial Yard and Warehouse Site

196 Grove St, Franklin, MA 02038

$1,100,000

2.82 AC lot

Industrial-zoned site at a UPS facility entrance with town water, sewer, and natural gas to the street.

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Bright Office Retail Suite

36 E Central St Unit 107, Franklin, MA 02038

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255 sqft

Small 255 SF office suite with exterior windows, facing the parking lot, and shared waiting area, restrooms, and kitchenette.

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Industrial Land Parcel with Long Frontage

198 Grove St, Franklin, MA 02038

$800,000

0.92 AC lot

Industrial-zoned parcel with 285 feet of frontage and 497 feet of depth at the entrance of a major UPS warehouse.

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Franklin Office/Medical Space Available

440 East Central Street, Franklin, MA 02038

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16,208 sqft

Office and medical space for sale in Franklin, Massachusetts.

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Downtown Office Suite with Parking

9 Summer St Unit 304, Franklin, MA 02038

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749 sqft

Third-floor office suite includes two private offices, a conference/reception area, and a kitchenette with sink.

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Office Suite with Large Conference Room

1000 Franklin Village Drive # 305, Franklin, MA 02038

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7,114 sqft

Office suite with private offices, reception area, and a large conference room, with elevator and on-site parking.

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Leased Medical Office Building

2 Forge Parkway, Franklin, MA 02038

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10,000 sqft 3.80 AC lot

A 10,000 SF medical office building on 3.8 acres is 100% leased under a long-term agreement through June 2028.

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Second-Floor Professional Office Unit

11 East St Unit 202, Franklin, MA 02038

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Bright downtown workspace with shared conference, kitchenette, and restroom facilities, plus heat and electricity included.

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Downtown Franklin Commercial Property

55 W Central St, Franklin, MA 02038

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Commercial property in downtown Franklin, near Dean College and I-495.

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Freestanding NNN Walgreens Store

160 E Central St, Franklin, MA 02038

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Freestanding NNN-leased Walgreens on a signalized corner in Franklin, Massachusetts.

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Flex Showroom and Distribution Building

950 Chestnut Street, Franklin, MA 02038

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Versatile building currently configured for showroom and distribution use, with convenient access just off Routes 140 and 495.

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Commercial Land with 500-Foot Frontage

837 Upper Union Street Lot 2, Franklin, MA 02038

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Commercial land offers 500 feet of frontage on Union Street and is under 2 miles from Route 290.

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Mixed-Use Building with Market

198 E Central St, Franklin, MA 02038

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Large mixed-use building with three rented apartments and a commercial space housing Devita's Market.

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Office Suite with Conference Room

1000 Franklin Village Drive # 103, Franklin, MA 02038

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Office suite with private offices, reception area, and large conference room, plus elevator, sprinklers, and ample parking.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Franklin, MA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Franklin, MA

Consider similar Off-Market properties in Franklin, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

WAREHOUSE, STORAGE

206 Grv St, Franklin, MA 02038-3119

$31,490,000

Estimated value

152,752 sqft 10.21 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1 Joy St, Franklin, MA 02038-3010

$325,000

Estimated value

864 sqft 0.23 AC lot

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GAS STATION

140 Central St, Franklin, MA 02038-1463

$670,000

Estimated value

1,424 sqft 0.26 AC lot

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MANUFACTURING (LIGHT)

60 Earls Way, Franklin, MA 02038-1268

Value Estimation by Request

9,338 sqft 1.02 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

8 Alpine Pl, Franklin, MA 02038-1732

$335,000

Estimated value

2,594 sqft 0.14 AC lot

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CONDOMINIUMS (INDUSTRIAL)

837 Uppr Un St, Franklin, MA 02038-5003

Unit 17

$315,000

Estimated value

1,500 sqft

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Franklin, MA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Franklin, MA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 42,156 square feet of properties for sale, with an estimated market value of $3,150,000.

Sale prices for business properties in Franklin, MA start at $800,000, averaging $1,050,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 33K

Population Growth (5Y) +0.1%

Median Household Income $142,788

College Educated 80.9%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
02038	$212.3K

Taxes & Financing

Tax Rate (average for all types) 1.17%

Property Tax per SF $19.91 per SF

Tax Rate vs County Average 0.67 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Franklin fall within the 100,000+ square foot range.

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