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Elevator-Served Office Unit
For Lease
$17.95 SF/Yr

391 E Central St, Franklin, MA 02038

The second-floor suite has private offices, a conference room, and a kitchenette.

Space Size1,875 SF
Days on Market11

Property Features for 391 E Central St

General Information

Standard status Active
Size 1,875 SF
Net Rentable 1,875 SF
Elevators Yes
Zoning commercial
Lease Type Gross

Space & Availability

Available Space 1,875 SF
Contiguous Space 1,875 SF
Floor 2
Space Use Office

Lease Terms

Lease Rate $17.95 /USD/SF/YR
Monthly Rent $2,804
Rent per SF/Year $17.95

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $38,391

Amenities

Bright & Airy Common Areas
Kitchenette
Modern Lighting
High Ceilings
Ample Parking
High speed internet

Building Details

Building Size 1,875 SF
Year Built 1988
Listing Agency: Atlantic Commercial Real Estate, LLC
Listed By: Mark Kearins · License #138273-RE-B
Source: Insightrealtygroup
Added: Oct 1 Changed: Oct 11 Last Checked: Oct 11 at 2:56AM

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 Atlantic Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This 1,875-square-foot office unit is on the second floor of a retail and office building constructed in 1988. An elevator serves the floor. The space includes private offices, a conference room, and a kitchenette, with access to bright common areas, modern lighting, and high ceilings. High-speed internet is available, and the property is zoned commercial.

The building is on Route 140 in Franklin, near the Franklin Municipal Building and with access to Route 495. Hotels, restaurants, banks, bus service, and commuter rail are among the nearby amenities and transportation options.

Key Highlights

  • 1,875 SF of second‑floor office space
  • Elevator access to the second floor
  • Private offices, conference room, and kitchenette

Property Analytics

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Open Analytics

Current Use

Pavento, Ratcliffe, Renzi ... Accounting Firm Sassy Nails and Spa Nail Salon John's Barber Salon Barber Shop Bicycles Plus (Bike/Boat/Book/etc) Store Warren Reynolds, Esq., ... Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Daycare Center Bakery

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

385
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Franklin, MA

$19.7 /SF/Yr
Avg Asking Price
$17–$21 /SF/Yr
Price Range
5,172 SF
Avg Space Size

This space is priced 9% below the average of $19.7 /SF/Yr.

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?
Office units - The second-floor suite has private offices, a conference room, and a kitchenette.
Where is this office units located?
The property is located at 391 E Central St Franklin, MA.
What is the lease rate?
The lease rate is $17.95 SF/Yr.
What are key features of this property?
This property features: 1,875 SF of second‑floor office space; Elevator access to the second floor; Private offices, conference room, and kitchenette
More about this property
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