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Downtown Franklin Commercial Property
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55 W Central St, Franklin, MA 02038

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

Days on Market146

Property Features for 55 W Central St

General Information

Standard status Active
Property subtype Office
Listing Agency: NAI | Parsons Commercial Group - Boston
Listed By: Alex Wood
Source: Naiglobal
Added: Mar 6 Changed: Jul 6 Last Checked: Jul 30 at 4:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI | Parsons Commercial Group - Boston

Investment Insights

Based on property information with market context.

The property at 55 Central Street is located in downtown Franklin, Massachusetts, adjacent to Dean College. It benefits from downtown commercial zoning. Interstate 495 is approximately 1.7 miles away. The surrounding area offers a variety of amenities, including restaurants and shopping. Nearby towns such as Wrentham and Foxborough provide additional amenities, entertainment options, and retailers. Ample parking is available. This property presents an investment opportunity and is fully stabilized.

Key Highlights

  • Fully stabilized investment opportunity
  • Downtown commercial zoning
  • Located immediately off I‑495

Property Analytics

Current Use

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

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Restaurant Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 02038, MA

33,261
Population
12,889
Households
2.6
Avg Household Size
41
Median Age
56%
College-Educated
97%
High-School Grad
26.6 sq mi
ZIP Area
1,250
Density / Sq Mi
$142,788
Median Household Income
$67,728
Median Earnings
$1,856
Median Rent
$567,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Commercial property in downtown Franklin, near Dean College and I-495.
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 stabilized investment opportunity; Downtown commercial zoning; Located immediately off I‑495
More about this property
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