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    326 Union St Franklin, MA 02038

    For Sale
    $1,800,000

    Commercial Sale - Franklin, MA

    Property size:
    11,630 SF
    Lot size:
    0.84 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 326 Union St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm/Ind
    APN
    M:287 L:055,89220
    Size
    11,630 SF
    Lot size
    0.84 Acres

    Building Details

    Year built
    1900
    Architectural style
    Other

    RE/MAX EXECUTIVE REALTY (508) 520-9696 [email protected]

    Listing agent Eileen A. Mason (508) 520-9696

    Listing date Sep 1, 2025

    MLS# 73290185 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Franklin Commercial Investment Opportunity

    This four-building commercial property in Franklin, Massachusetts, presents an investment opportunity with potential for revenue improvement. Located in a central business area in downtown Franklin, the property has a history of serving local businesses and residents. The main building houses a convenience store and smoke shop, with office space on the upper level. Additional structures include a contractor's storage garage, a multi-tenant strip mall, and a salon service business. Parking is available for approximately 30 vehicles. The property offers easy access from both Cottage Street and Union Street. Future development includes a projection for this location to be the end of the SNETT Trail, potentially increasing traffic and business for all tenants. The property is zoned for commercial and industrial use and has a total size of 11,630 square feet on a 0.84-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quick Bookkeeping LLC Bookkeeping Service Old Gold Convenience ... Convenience Store Cardtronics ATM Atm Amazon Hub Counter ... Shipping And Mailing Service Bitcoin ATM Franklin ... Atm

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.403265
    Latitude
    42.077486

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    FAQs

    What type of property is this?
    Strip mall - Four-building commercial property with revenue growth potential in downtown Franklin.
    Where is this strip mall located?
    The property is located at 326 Union St Franklin, MA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Investment opportunity with potential to increase revenues through property improvements.; - Located in a central, active downtown Franklin business area with a long history.; - **Four buildings included**: convenience store/smoke shop with office space, contractor storage garage, multi-tenant strip mall, and salon.
    (508) 520-9696
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    326 Union St Franklin, MA 02038
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    Franklin, MA 02038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    326 Union St Franklin, MA 02038
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