Medical Center

Franklin, MA Medical Centers for Sale

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Leased Medical Office Building
Updated: Jul 21
Leased Medical Office Building

2 Forge Parkway, Franklin, MA 02038

Contact for pricing
10,000 sqft 3.80 AC lot
10,000 SF medical office building on 3.8 acres at 2 Forge Parkway in Franklin, MA
100% leased to Milford Regional Medical Center under a long‑term net lease through June 2028
NN lease includes minimal landlord responsibility limited to roof only
Lease provides approximately 2.5% annual rent escalations
Facility built in 2013 with masonry and glass architecture
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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office Building on Hospital Campus
Medical Office Building on Hospital Campus

336 Thompson Rd, Webster, MA 01570

$2,640,000
14,406 sqft

Purpose-built, elevator-served medical offices with grade-level access and 75 parking spaces on a hospital campus setting.

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Redevelopment Office and Retail Building
Redevelopment Office and Retail Building

1 N Main St, Webster, MA 01570

$1,250,000
19,000 sqft 1.36 AC lot

Vacant former bank building on a large downtown lot with extensive frontage and on-site parking for flexible reuse.

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One-Story Circular Medical Building
One-Story Circular Medical Building

80 Congress Street, Springfield, MA 01104

$1,900,000
12,806 sqft

Unique one-story, circular medical building with no stairs and HVAC, LED lighting, and video security system.

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Medical Office Condominium Suite
Medical Office Condominium Suite

2 Medical Center Drive, Suite 410, Springfield, MA 01107

Contact for pricing
5,300 sqft

Approximately 5,300 SF medical office condominium connected to Baystate Medical Center with an on-site parking garage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brewster, NY Commercial Land
Brewster, NY Commercial Land

1553 22 Route, Brewster, NY 10509

$700,000
2.14 AC lot

2.14 acre commercial land suitable for various development projects.

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Harlem Development Opportunity
Harlem Development Opportunity

New York City, NY 10027

$1,499,000
20,780 sqft 0.07 AC lot

Vacant lot in Central Harlem, ideal for community facility.

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Zoned Residential and Commercial Land
Zoned Residential and Commercial Land

6217-6233 MEADOWVIEW AVE, North Bergen, NJ 07047

$4,179,999
0.57 AC lot

Zoned R1, R3, and C1 land with environmental testing completed and pending approvals for redevelopment planning.

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Augusta Land Ready to Develop
Augusta Land Ready to Develop

450 W River Road, Augusta, ME 04330

$199,000
51.00 AC lot

50+ acre parcel near I-95 and MaineGeneral Medical Center.

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Off-Market Properties in Franklin, MA

Consider similar Off-Market properties in Franklin, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

20 Earls Way
MEDICAL BUILDING

20 Earls Way, Franklin, MA 02038-1268

$3,395,000
Estimated value
4,408 sqft 1.00 AC lot
View details
440 Central St
MEDICAL BUILDING

440 Central St, Franklin, MA 02038-1374

$2,100,000
Estimated value
15,820 sqft 2.00 AC lot
View details
2 Frg Pkwy
MEDICAL BUILDING

2 Frg Pkwy, Franklin, MA 02038-3157

$1,720,000
Estimated value
10,080 sqft 3.80 AC lot
View details
480 Central St
MEDICAL BUILDING

480 Central St, Franklin, MA 02038-0277

$520,000
Estimated value
5,391 sqft 0.85 AC lot
View details
1280 Central St
MEDICAL BUILDING

1280 Central St, Franklin, MA 02038-3110

$6,260,000
Estimated value
45,454 sqft 4.78 AC lot
View details
620 Old W Central St
MEDICAL BUILDING

620 Old W Central St, Franklin, MA 02038-3051

$660,000
Estimated value
6,670 sqft 0.70 AC lot
View details
233 Central St
MEDICAL BUILDING

233 Central St, Franklin, MA 02038-2194

$595,000
Estimated value
6,832 sqft 0.76 AC lot
View details
855 Central St
MEDICAL BUILDING

855 Central St, Franklin, MA 02038-3118

$700,000
Estimated value
7,370 sqft 1.12 AC lot
View details
430 Central St
MEDICAL BUILDING

430 Central St, Franklin, MA 02038-1305

Value Estimation by Request
4,384 sqft 0.30 AC lot
View details
421 Central St
MEDICAL BUILDING

421 Central St, Franklin, MA 02038-1386

Value Estimation by Request
3,792 sqft 0.80 AC lot
View details
3 Frg Pkwy
MEDICAL BUILDING

3 Frg Pkwy, Franklin, MA 02038-3135

$2,460,000
Estimated value
50,916 sqft 8.30 AC lot
View details
397 Central St
MEDICAL BUILDING

397 Central St, Franklin, MA 02038-1304

$785,000
Estimated value
10,400 sqft 1.14 AC lot
View details

Franklin, MA Medical Centers Market Trends and Statistics

Explore 13 medical centers for sale in Franklin, MA on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Spa & wellness properties 3

Demographics Overview

Population 33K
Population Growth (5Y) +0.1%
Median Household Income $142,788
College Educated 80.9%

Taxes & Financing

Tax Rate (average for all types) 1.17%
Property Tax per SF $19.91 per SF
Tax Rate vs County Average 0.67 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Franklin fall within the 10,000 to 25,000 square foot range.

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