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55 W Central St Franklin, MA 02038

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Fully leased office building near I-495 and Dean College.

Property size:
6,900 SF

Property Features for 55 W Central St

General Information

Size
6,900 SF

Source: Alex Wood Agent Alex Wood

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Franklin Office Building Investment Opportunity

Located in downtown Franklin, MA, 55 W Central Street is a two-story office building comprising approximately 6,880 square feet and situated on approximately 0.45 acres. The property features approximately 25 parking spaces. The property is fully leased and generates a 7.7% cap rate with a net operating income of $108,000. The property is located on Route 140, adjacent to Dean College, and approximately 1.7 miles from Interstate 495. The surrounding area offers a variety of amenities including restaurants and shopping. Additional amenities, entertainment options, and retailers are available in the surrounding towns of Wrentham and Foxborough. The property has downtown commercial zoning and is an investment opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dora Brett, Realtor Real Estate Agency Dawn Oliveira Real Estate Agency Michael Colombo - Real ... Real Estate Agent Matt Kelly Homes Real Estate Agency Matt Kelly Realtors Real Estate Agent

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Franklin
County
Norfolk
State
Massachusetts
Longitude
-71.3996802
Latitude
42.0832498

FAQs

What type of property is this?
Office building - Fully leased office building near I-495 and Dean College.
Where is this office building located?
The property is located at 55 W Central St Franklin, MA.
What are key features of this property?
This property features: - Fully leased investment property generating a 7.7% cap rate with a net operating income of $108,000.; - Located in Downtown Franklin on Route 140, adjacent to Dean College.; - Convenient access to Interstate 495 (1.7 miles).
More about this property
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