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    Franklin, MA
    Medical Premises

    Franklin, MA Medical Office Space for Sale

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    Wrentham, MA Bellingham, MA Norfolk, MA Medway, MA Plainville, MA Millis, MA Cumberland, RI Mendon, MA
    Mixed-Use Property with Medical Suites
    Updated: Aug 3
    Mixed-Use Property with Medical Suites

    620 Washington St, Franklin, MA 02038

    $1,250,000
    4,424 sqft 2.50 AC lot
    Three‑unit configuration with two first‑floor medical suites and one three‑bedroom, two‑bathroom residence
    4,424 square feet on a private 2.5‑acre lot
    One first‑floor medical suite is currently vacant; the other houses an existing dental practice
    Town water, town sewer, and natural gas service
    Full basement plus oversized shed provide additional storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    620 Washington St, Franklin, MA 02038

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $97K
      Annual

    • Mortgage

      $450K
      Sep 2017

    • Last Sold

      Jul 2021
      $500K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1997
    View Property Analytics
    Second-Floor Medical Office Suite
    Updated: Jul 17
    Second-Floor Medical Office Suite

    233 W Central St Unit 2, Franklin, MA 02038

    Contact for pricing
    1,150 sqft
    Second‑floor professional office suite available September 1, 2026
    Suite includes four private offices, two private restrooms, and a storage room
    Additional break area included in the suite
    Utilities are separately metered for gas heat and electricity, plus choice of internet/cable services
    Easy elevator or staircase access, with additional basement storage available (negotiable)
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    First-Floor Medical Office Suite
    First-Floor Medical Office Suite

    233 W Central St Unit 1, Franklin, MA 02038

    Contact for pricing
    1,442 sqft

    First-floor suite with four private offices, open area, kitchen/break room, and private restroom.

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    Franklin Office/Medical Space Available
    Franklin Office/Medical Space Available

    440 East Central Street, Franklin, MA 02038

    Contact for pricing
    16,208 sqft

    Office and medical space for sale in Franklin, Massachusetts.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 4 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 1 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 with X-Ray Area
    Medical Office Building with X-Ray Area

    510 Thacher St, Attleboro, MA 02703

    $499,900
    1,106 sqft

    Medical/dental office building with operatory rooms, x-ray area, reception, and a full kitchenette on the upper floor.

    View details
    Professional Office Condominium
    Professional Office Condominium

    120 N Main St # 305, Attleboro, MA 02703

    $125,000
    841 sqft

    Flexible professional suite with reception space, private rooms, elevator access, and dedicated parking.

    View details
    Turnkey Small Lab Medical Suite
    Turnkey Small Lab Medical Suite

    189 Main St # 6, Milford, MA 01757

    Contact for pricing
    1,000 sqft

    Move-in-ready clinical space with multiple exam rooms, reception, and existing plumbing for small specialty uses.

    View details
    Second-Floor Office Suite
    Second-Floor Office Suite

    120 Quarry Drive # 2nd fl, Milford, MA 01757

    Contact for pricing

    Second-floor professional office suite with private offices and a spacious conference room, plus ample on-site parking.

    View details

    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.

    Approved Medical Office Land
    Approved Medical Office Land

    28 Lumber St, Hopkinton, MA 01748

    $850,000

    Land approved for a 10,000 sq ft medical office.

    View details

    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

    $3,510,000
    Estimated value
    4,408 sqft 1.00 AC lot
    View details
    440 Central St
    MEDICAL BUILDING

    440 Central St, Franklin, MA 02038-1374

    $2,560,000
    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

    $430,000
    Estimated value
    4,384 sqft 0.30 AC lot
    View details
    421 Central St
    MEDICAL BUILDING

    421 Central St, Franklin, MA 02038-1386

    $405,000
    Estimated value
    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 Office Space Market Trends and Statistics

    Explore 16 medical office space for sale in Franklin, MA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 23,224 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for medical spaces in Franklin, MA average $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 54
    Medical Office Space 15
    Office buildings 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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