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    15 Central St Franklin, MA 02038

    Sponsored
    For Sale
    $1,200,000

    Five-unit building, prime Franklin location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 15 E Central in Franklin, MA, presents a compelling investment opportunity. The building encompasses five units, strategically positioned to capitalize on high foot and vehicle traffic in a thriving commercial area. The ground floor boasts three retail spaces, each designed to maximize visibility and accessibility. Large display windows, high ceilings, and open floor plans offer versatility for a wide range of businesses, from retail shops and cafes to service-oriented enterprises. The building's prime location ensures consistent exposure to potential customers.

    Property Features for 15 Central St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Garrey Motors Motorcycle Repair Shop Franklin Performing Arts ... Performing Arts Group Murphy Business Business Management Consultant THE BLACK BOX Performing Arts Theater time's up, llc Marketing Consultant

    Suggested Use

    Realty agency Law Firm 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
    -71.39641
    Latitude
    42.08261

    Nearby Comparable

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    Nearby Similar for Sale

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      Mixed-Use Building with Income Potential

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      Franklin Office Building Investment Opportunity

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      Franklin Multifamily Investment Opportunity

      Well-maintained 5-unit building in prime Franklin location.
      159 E Central St, Franklin, MA 02038
      View Details
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      Downtown Franklin Four-Family Investment Opportunity

      Four residential units in downtown Franklin with redevelopment potential.
      8 Alpine Pl, Franklin, MA 02038
      View Details
    • $599,000

      Well-Maintained Multi-Family Home

      Multi-family home in Franklin, ideal for investors or owner-occupants.
      40 Cross St, Franklin, MA 02038
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      Route 140 Office Building

      Four-unit office building with frontage on Route 140.
      693 E Central St, Franklin, MA 02038
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      326 Union St, Franklin, MA 02038

      Commercial real estate • 0.84 Acres
      326 Union St, Franklin, MA 02038
      View Details
    • $1,450,000
      0.45 Acres

      55 Central St, Franklin, MA 02038

      Commercial real estate • 0.45 Acres
      55 Central St, Franklin, MA 02038
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Five-unit building, prime Franklin location.
    Where is this commercial real estate located?
    The property is located at 15 Central St Franklin, MA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (855) 450-0442
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    15 Central 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
    15 Central St Franklin, MA 02038
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