Medical Premises

Franklin, MA Medical Office Space for Sale

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First-Floor Medical Office Suite
Updated: Jul 16
First-Floor Medical Office Suite

233 W Central St Unit 1, Franklin, MA 02038

Contact for pricing
1,442 sqft
First‑floor professional office space available September 1, 2026 in a building with Rte 140 visibility and easy access to Rte 495 exit 43
Suite layout includes four private offices, a large open floor plan, storage, and a kitchen/break room
Includes one private restroom plus access to shared restrooms on the first and 2nd floors via elevator or staircase
Utilities are separately metered: gas heat and electricity, with choice of internet/cable services
Basement storage available as an additional space, negotiable
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First-Floor Medical Office Space
Updated: Jan 6
First-Floor Medical Office Space

397 E Central St, Franklin, MA 02038

Contact for pricing
5,200 sqft
±5,200 SF of first‑floor medical and professional office space
Potentially divisible layout for multiple suites
Office zoning
Building constructed in 1974
Located at 397 E Central St, Franklin, MA 02038
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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
Second-Floor Medical Office Suite
Second-Floor Medical Office Suite

233 W Central St Unit 2, Franklin, MA 02038

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1,150 sqft

Second-floor office suite with four private offices, storage, two private restrooms, and a break area, with separate utilities.

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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.

Three-Story Office Building
Three-Story Office Building

49 Plain Street, North Attleboro, MA 02760

$1,399,000
12,000 sqft

Well-maintained three-level office building with elevator service, multiple restrooms, and on-site parking.

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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.

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Freestanding Multi-Story Office Building
Freestanding Multi-Story Office Building

49 Plain Street, North Attleboro, MA 02760

Contact for pricing

Three-level office building with multiple suites; first floor leased and second and third floors vacant, with on-site parking.

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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.

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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.

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.

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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

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

440 Central St, Franklin, MA 02038-1374

Estimated value:
$2,560,000
15,820 sqft 2.00 AC lot
View details
2 Frg Pkwy
MEDICAL BUILDING

2 Frg Pkwy, Franklin, MA 02038-3157

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

480 Central St, Franklin, MA 02038-0277

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

1280 Central St, Franklin, MA 02038-3110

Estimated value:
$6,260,000
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

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

233 Central St, Franklin, MA 02038-2194

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

855 Central St, Franklin, MA 02038-3118

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

430 Central St, Franklin, MA 02038-1305

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

421 Central St, Franklin, MA 02038-1386

Estimated value:
$405,000
3,792 sqft 0.80 AC lot
View details
3 Frg Pkwy
MEDICAL BUILDING

3 Frg Pkwy, Franklin, MA 02038-3135

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

397 Central St, Franklin, MA 02038-1304

Estimated value:
$785,000
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 24,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 43
Medical Office Space 14
Office buildings 2

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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