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Industrial Land With Utility Stubs
For Sale
$800,000

198 Grove St, Franklin, MA 02038

Commercial Sale, Franklin, MA

Property SizeContact for details
Lot Size0.92 Acres
Days on Market128

Property Features for 198 Grove St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Zoning description Legal Conforming
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Directions Washington St to Grove St
Standard status Active
APN M:306 L:013,88426
Lot size 0.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5949

Building Details

Year built 1984
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 12:06AM
MLS# 73510742

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 0.92-acre industrial land parcel encompasses 40,101 square feet and measures approximately 285 feet along Grove Street by 497 feet in depth. The site includes a single-family log cabin and an inground pool, while an active septic system currently serves the property.

Municipal sewer and natural gas are stubbed at the street, offering established points for future utility connections. The parcel is positioned at the entrance to a major UPS warehouse facility. The industrial zoning and site dimensions may support consideration of a distribution warehouse, contractor yard, fleet parking lot, or self-storage facility, subject to applicable approvals.

Key Highlights

  • 40,101‑square‑foot industrial parcel spanning 0.92 acres
  • 285 feet of frontage on Grove Street with a 497‑foot depth
  • Industrial zoning supports commercial development consideration

Property Analytics

Current Use

Distribution centers

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned parcel with an existing cabin, pool, septic system, and municipal utility connections at the street.
Where is this industrial land located?
The property is located at 198 Grove St Franklin, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 40,101‑square‑foot industrial parcel spanning 0.92 acres; 285 feet of frontage on Grove Street with a 497‑foot depth; Industrial zoning supports commercial development consideration
More about this property
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