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    FOR SALE
    Office buildings

    55 W Central St, Franklin, MA 02038

    5,920 SF 0.45 ac lot Built 1970
    Entity Owned ~ Est. High Equity
    Property ID
    US38-0459953
    Property summary
    AI-generated overview

    This exceptional 6,900 square foot executive office building presents a compelling owner-user or investment opportunity. Located at 55 West Central Street in Franklin, Massachusetts, this Class B property offers a versatile space ideally suited for a variety of businesses. Constructed in 1970, the two-story building sits on a 0.45-acre lot and provides ample parking with 25 spaces. The property is zoned for commercial use and enjoys a highly desirable downtown Franklin location, adjacent to Dean College and just 1.7 miles from Interstate 495, providing easy access to major transportation routes. The convenient location offers proximity to a wealth of amenities, including restaurants and shopping within Franklin, as well as additional options in nearby Wrentham and Foxborough. This property represents a rare chance to acquire a well-situated office building in a thriving Massachusetts community. The building's size and parking make it suitable for a range of business needs. The commercial zoning allows for flexibility in future uses. This is an excellent opportunity for businesses seeking a prominent location with convenient access to major roadways and a variety of supporting services. The ample parking ensures convenient access for employees and clients. The property's location in downtown Franklin provides high visibility and easy access to local amenities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Construction FRAME
    Total area 5,920 SF
    Lot 0.45 ac (19,402 SF)
    APN FRAN M:279 L:018
    UPID US38-0459953
    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
    • Dora Brett, Realtor Real Estate Agency
    • Dawn Oliveira Real Estate Agency
    • Michael Colombo - Real Living Realty Group Real Estate Agency
    • Matt Kelly Homes Real Estate Agency
    • Matt Kelly Realtors Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.80M
    CAP Approach CAP
    $2.13M
    Comparable Approach Comparable
    $1.78M
    Blend (final) Blend
    $1.72M
    Owner & transaction history
    Ksp Realty LLC
    Ksp Realty LLC
    since 2026
    Last sale
    $1.4M
    7 recorded transactions
    2026
    $1.1M
    2021
    $1.4M
    2019
    2016
    2014
    $1.2M
    2004
    $925,000
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.5M +46.3%
    Auto repair, garage $1.9M +9.8%
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    More about this property
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