Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,000,000
    Office buildings

    186 Grv St, Franklin, MA 02038-3249

    3,767 SF 1.88 ac lot Built 1950
    Individually Owned
    Property ID
    US38-1355530
    Property summary
    AI-generated overview

    This exceptional 1.88-acre commercial property at 186 Grove Street, Franklin, MA, presents a remarkable investment opportunity. The professional office building, extensively remodeled in 2020, boasts 25 parking spaces and is ideally situated in a convenient industrial zone, just minutes from I-495. Currently configured as four separate business suites, each with its own distinct character, the building offers significant flexibility for a variety of uses. Four bathrooms cater to the needs of tenants and staff. The property features two independent natural gas heating systems, ensuring efficient and reliable climate control. Security is enhanced by a comprehensive alarm system and an integrated access card system, providing peace of mind. Landscaping is simplified with an automated irrigation system. Recent upgrades include a new roof (2020), exterior and common area lighting controlled by Lutron switches for energy efficiency and convenience, and a wheelchair-accessible ramp (2020). A Tesla power charger (pedestal base) adds a modern amenity. The building's exterior is finished with durable vinyl siding. The property is connected to town water and sewer systems. This property offers substantial expansion potential, making it an ideal choice for businesses seeking a well-maintained, strategically located office space with room to grow. The asking price is $1,195,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Construction FRAME
    Total area 3,767 SF
    Lot 1.88 ac (81,849 SF)
    APN FRAN M:306 L:010
    UPID US38-1355530
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • LANConnect Systems, Inc. Tech Support Center (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.36M
    Comparable Approach Comparable
    $699k
    Blend (final) Blend
    $1.00M
    Owner & transaction history
    Temple Etz Chaim
    Temple Etz Chaim
    since 2025
    5 recorded transactions
    2025
    $1.1M
    2021
    2019
    $481,500
    2010
    $1
    1988
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.2M +9.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 186 Grv St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message