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Flex Space with Warehouse
New
For Lease
$17 SF/Yr

509 E Central St #1, Franklin, MA 02038

Versatile commercial space combines warehouse, office, showroom, and retail areas.

Space SizeContact for details
Property Size7,200 SF
Days on Market4

Property Features for 509 E Central St #1

General Information

Standard status Active
Size 7,200 SF
Zoning CII

Building Details

Building Size 7,200 SF
Year Built 2005
Listing Agency: Keller Williams Elite
Listed By: Matthew T Kelly
Source: 413realestate
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 30 at 1:40PM

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 Keller Williams Elite

Investment Insights

Based on property information with market context.

This flex property contains more than 7,200 square feet arranged across approximately 3,800 square feet of warehouse area and 3,400 square feet of office and retail space. The existing configuration includes two private offices, a showroom, two ADA-compliant restrooms, and a warehouse with floor drains. Gas and grease traps are also in place, supporting the property’s existing commercial buildout. Constructed in 2005, the space is zoned CII and can potentially be subdivided for the right tenant.

The property is located at 509 E Central St, #1, in Franklin, Massachusetts, just off Route 140. The site includes parking and prominent signage on Route 140. Its combination of customer-facing areas, work space, and warehouse capacity provides a flexible footprint for a range of business operations.

Key Highlights

  • More than 7,200 square feet of total commercial space
  • Approximately 3,800 square feet of warehouse space and 3,400 square feet of office/retail space
  • Two private offices, a showroom, and two ADA‑compliant restrooms

Property Analytics

Current Use

RKM Flooring Solutions ... General Contractor

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Law Firm Building Supply Storage Facility Hair Salon

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

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

238
Businesses Nearby
Under-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 - Versatile commercial space combines warehouse, office, showroom, and retail areas.
Where is this flex space located?
The property is located at 509 E Central St #1 Franklin, MA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: More than 7,200 square feet of total commercial space; Approximately 3,800 square feet of warehouse space and 3,400 square feet of office/retail space; Two private offices, a showroom, and two ADA‑compliant restrooms
More about this property
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