Medical Office
For Lease
$18 SF/Yr
397 E Central St Franklin, Franklin, MA 02038
First-floor medical/professional office space totaling 5,200 rentable square feet and potentially divisible for lease.
Space SizeContact for details
Property Size5,200 SF
Days on Market101
Property Features for 397 E Central St Franklin
General Information
Standard status
Active
Size
5,200 SF
Zoning
Office
Taxes and HOA fees
Annual Taxes
$24,752
Building Details
Building Size
5,200 SF
Year Built
1974
Listed By:
Sharon Lucido
(508) 643-8166
Source:
Bournetosellrealestate
Added: May 28
Changed: Aug 8
Last Checked: Sep 4 at 2:45AM
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 Sharon Lucido
Investment Insights
Based on property information with market context.
Available for lease is a first-floor medical/professional office space comprising approximately 5,200 rentable square feet. The suite includes office accommodations that are potentially divisible, offering flexibility for professional or medical uses.
The space is located at 397 East Central Street in Franklin, Massachusetts, and is presented as a gross lease with utilities excluded, according to the offering details provided.
This is a straightforward option for tenants seeking a medical or professional office layout on the building’s first floor, with the ability to divide the space if needed.
The space is located at 397 East Central Street in Franklin, Massachusetts, and is presented as a gross lease with utilities excluded, according to the offering details provided.
This is a straightforward option for tenants seeking a medical or professional office layout on the building’s first floor, with the ability to divide the space if needed.
Key Highlights
- ±5,200 rentable SF first‑floor medical/professional office space for lease
- Potentially divisible into suite(s) to accommodate multiple tenant needs
- Leasing rate listed at $18.95 gross per SF, plus utilities
Property Analytics
Property Profile
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Lease Benchmarks for Franklin, MA
$21.11 /SF/Yr
Avg Asking Price
$18–$25 /SF/Yr
Price Range
3,023 SF
Avg Space Size
This space is priced 15% below the average of $21.11 /SF/Yr.
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Franklin Veterinary Clinic — 430 E Central St, Franklin, MA 02038
Frequently Asked Questions
What type of property is this?
Medical Office Space - First-floor medical/professional office space totaling 5,200 rentable square feet and potentially divisible for lease.
Where is this medical office space located?
The property is located at 397 E Central St Franklin Franklin, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: ±5,200 rentable SF first‑floor medical/professional office space for lease; Potentially divisible into suite(s) to accommodate multiple tenant needs; Leasing rate listed at $18.95 gross per SF, plus utilities
