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Single-Story Flex Space
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157 Grove Street, Franklin, MA 02038

Industrial/flex suites offer a mix of office and warehouse space with ample parking.

Space Size6,952 SF - 20,822 SF
Lot Size17.00 Acres
Days on Market2

Property Features for 157 Grove Street

General Information

Standard status Active
Size 6,952 SF - 20,822 SF
Net Rentable 6,952 SF
Lot size 17.00 Acres
Property subtype Industrial

Space & Availability

Available Space 6,952-20,822 SF
Space Use Flex

Additional Details

Highway Access Yes
Clear Height 18 ft

Building Details

Buildings 2
Stories 1
Listing Agency: CBRE | Boston
Listed By: Danielle Frisch
Source: Cbre
Added: Sep 1 Last Checked: Sep 1 at 9:07PM

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 CBRE | Boston

Investment Insights

Based on property information with market context.

Grove Street Business Center provides approximately 6,952 to 20,822 SF of available single-story industrial/flex space across a two-building park totaling approximately 166,195 SF. The property occupies approximately 17 acres and includes a combination of office and warehouse areas, 18-foot clear height, and ample parking. Buildings were constructed between 1999 and 2004.

The business center is located one mile south of the Interstate 495 interchange at Route 140, Exit 17. Its position provides access to Interstate 495 as well as Interstates 95 and 90. Existing occupants include Batesville Logistics, Target Specialty Products, and Eaton Electrical, with iAutomation, Iron Mountain, Dell EMC, and Garelick Farms among the corporate neighbors.

Key Highlights

  • Approximately 6,952‑20,822 SF available
  • Two‑building industrial/flex park totaling approximately 166,195 SF
  • Approximately 17 acres with single‑story buildings

Property Analytics

Current Use

MGB US Industrial Manufacturer Bach Knives Metal Fabrication Plant Party Rental Ltd. Party Supply Store US Slide Fastener ... Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm Nail Salon 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.

Lease Details

18 ft
Clear height
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
Well-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial/flex suites offer a mix of office and warehouse space with ample parking.
Where is this flex space located?
The property is located at 157 Grove Street Franklin, MA.
What are key features of this property?
This property features: Approximately 6,952‑20,822 SF available; Two‑building industrial/flex park totaling approximately 166,195 SF; Approximately 17 acres with single‑story buildings
More about this property
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