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Flex Space with Warehouse
New
For Lease
$18 SF/Yr

509 E Central St, Franklin, MA 02038

Commercial Lease, Franklin, MA

Space Size7,200 SF
Days on Market2

Property Features for 509 E Central St

General Information

Property type Commercial Lease
Property subtype Other
Zoning CII
Zoning description Legal Conforming
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Directions E central is Rt 140.
Standard status Active
Size 7,200 SF

Taxes and HOA fees

Tax Year 2026

Building Details

Year built 2005
Listing Agency: Keller Williams Elite · Keller Williams Realty
Listed By: Jennifer Hoyt
Added: Aug 26 Last Checked: Aug 27 at 4:06AM
MLS# 73568276

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 flex property combines approximately 7,200 square feet of commercial space in a 2005 building. The interior includes about 3,800 square feet of warehouse area alongside 3,400 square feet configured for office and retail functions. Two private offices, a showroom, two ADA-compliant restrooms, floor drains, and existing gas and grease traps support a range of operational requirements.

Located in Franklin near Route 140, the property includes on-site parking and signage along the route. Zoning is CII. The layout may be adapted or subdivided for a suitable tenant, providing flexibility for businesses that need a combination of work, display, administrative, and storage areas.

Key Highlights

  • Approximately 7,200 square feet of total commercial space
  • Approximately 3,800 square feet of warehouse area
  • 3,400 square feet of office and retail space

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial space with warehouse, showroom, private offices, and Route 140 exposure.
Where is this flex space located?
The property is located at 509 E Central St Franklin, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Approximately 7,200 square feet of total commercial space; Approximately 3,800 square feet of warehouse area; 3,400 square feet of office and retail space
More about this property
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