Mixed-Use Building with
For Sale
Contact for pricing
Pending
198 E Central St, Franklin, MA 02038
Large mixed-use building with three rented apartments and a commercial space housing Devita's Market.
Property SizeContact for details
Days on Market143
Property Features for 198 E Central St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Highway Access
Yes
Liquor License
Yes
Multifamily Units
3
Listing Agency:
Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By:
Grace Vuoto · License #MA
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Aug 31 at 5:32AM
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 Berkshire Hathaway HomeServices Commonwealth Real Estate
Investment Insights
Based on property information with market context.
This large mixed-use building in Franklin includes three rented apartments and a large commercial space currently housing Devita's Market. The property also features a well-established family business that operates a convenience store and includes a liquor license.
Additional parking is available both adjacent to the building and across the street. The commercial plaza has visibility on Route 140, and it is located near I495, I95, and Route 1 and 1A.
Offered for sale as a combined commercial and residential property, the building provides multiple income streams under one ownership.
Additional parking is available both adjacent to the building and across the street. The commercial plaza has visibility on Route 140, and it is located near I495, I95, and Route 1 and 1A.
Offered for sale as a combined commercial and residential property, the building provides multiple income streams under one ownership.
Key Highlights
- Mixed‑use property with three rented apartments plus a commercial space housing Devita's Market
- On‑site family business includes a liquor license and convenience store
- Business revenue includes deli, lottery, alcohol sales, and store items with steady clientele and posted profits
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Large mixed-use building with three rented apartments and a commercial space housing Devita's Market.
Where is this mixed-use property located?
The property is located at 198 E Central St Franklin, MA.
What are key features of this property?
This property features: Mixed‑use property with three rented apartments plus a commercial space housing Devita's Market; On‑site family business includes a liquor license and convenience store; Business revenue includes deli, lottery, alcohol sales, and store items with steady clientele and posted profits
