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Industrial Land with Existing Building
For Sale
$1,100,000

196 Grove St, Franklin, MA 02038

Commercial Sale, Franklin, MA

Property SizeContact for details
Lot Size2.00 Acres
Days on Market128

Property Features for 196 Grove St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Zoning description Legal Conforming
Directions Washington St to Grove St
Standard status Active
APN M:306 L:012,88425
Lot size 2.00 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5116

Building Details

Year built 1920
Listing Agency: REMAX Executive Realty · RE/MAX International
Listed By: Bill Wright · License #5503
Added: Apr 30 Changed: Sep 3 Last Checked: Sep 4 at 1:06AM
MLS# 73510670

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2-acre industrial parcel includes an existing building that requires significant work. The site is zoned Industrial and has town water and town sewer, with natural gas available at the street. Its frontage measures 247 feet, with a depth of 497 feet.

The property is positioned at the entrance to a UPS warehouse facility. An adjacent 0.92-acre lot is also available for sale, and both parcels carry industrial zoning. Buyers and their agents are responsible for confirming acceptable uses and completing their own due diligence.

Key Highlights

  • 2‑acre industrial parcel at 196 Grove St, Franklin, MA 02038
  • 247' frontage and 497' depth
  • Industrial zoning

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop HVAC Service Dental Office Garden Center Law Firm Plumbing Service

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

113
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned land with town water, town sewer, and natural gas available at the street.
Where is this industrial land located?
The property is located at 196 Grove St Franklin, MA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2‑acre industrial parcel at 196 Grove St, Franklin, MA 02038; 247' frontage and 497' depth; Industrial zoning
More about this property
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