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    693 E Central St Franklin, MA 02038

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    For Sale
    $1,600,000

    Four-unit office building with frontage on Route 140.

    Lot size:
    1.44 Acres

    Property Features for 693 E Central St

    General Information

    Lot size
    1.44 Acres

    Building Details

    Year built
    1800

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

    Overview

    Route 140 Office Building

    The property at 693 East Central St is a two-story office building with four units. It offers frontage on Route 140 and is suitable for medical or professional office space. The building includes two additional units in the basement that are currently under renovation. A large paved lot provides ample parking. The entire building is for sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pegasus Solutions, Inc. Accountant Dr. Elena E. ... Family Practice Physician Dr. Michelle M. ... Family Practice Physician Kristen Sullivan LMHC ... Mental Health Clinic Noressa Santomenna Nurse Practitioner

    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.

    Similar Places Nearby

    Franklin Veterinary Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.3670885
    Latitude
    42.0773112

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      Franklin Commercial Investment Opportunity

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      Franklin Office/Medical Space Available

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      Franklin Office Building Investment Opportunity

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      Franklin Multifamily Investment Opportunity

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    FAQs

    What type of property is this?
    Medical office - Four-unit office building with frontage on Route 140.
    Where is this medical office located?
    The property is located at 693 E Central St Franklin, MA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - High-visibility location with EXTENSIVE FRONTAGE ON ROUTE 140.; - Suitable for medical or professional office space.; - Consists of 4 units over two above-ground stories.
    Request Owner's contact information
    693 E 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
    693 E Central St Franklin, MA 02038
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