Address
391/395 E Central St, Franklin, MA
Price
$ 4,900,000
Property Attributes
  • MLS#73227471
  • TypeCommercial
  • CountyNORFOLK
  • CityFranklin
  • Zip02038
  • StyleCommercial
  • Year Built1988
  • Taxes$ 38101
  • Price$ 4,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.41 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

OPPORTUNITY KNOCKS IN THE HEART OF FRANKLIN! This magnificent, elegant commercial plaza with elevator access is ideal for investors. This is a professionally-managed plaza with large monthly revenue, as all units are steadily rented. It includes two buildings, contains one glamorous, luxury penthouse, 3 office suites and 7 retail spaces. The main entrance consists of a grand two-story foyer with chandelier. There is contemporary, neutral decor throughout the main building. The office spaces and residential suite have many windows that allow plush sunshine to enter the rooms and provide glimpses of surrounding trees. Many tenants benefit from modern, updated decor and easy access to their units with 100 available parking spaces. This premiere plaza is centrally located, walking distance to the Franklin Town Hall and has visibility from the major highway it rests on. Located on Route 140, close to I95, I495 and Route 1. Don't miss the chance to possess this golden revenue stream!

Price History
4/23/2024 Listed $4,900,000

General Features

Utilities Public Water,Public Sewer
Zoning MIXED
Year Built 1988
Tax Year 2024
Business Type Commercial
County Norfolk
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions From I95 South,Route1 South,Turn on Route 140 North. Building is next to Franklin Town Hall.
City Franklin
Disclosures Buyer to verify all information contained herein.
Senior Community Y/N No
Zoning Description Legal Conforming
Lot Size Square Feet 61463
Waterfront Y/N No
Street Name E Central St
Tax Annual Amount 38101
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 100
Lot Size Area 1.41
Lot Size Acres 1.41
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02038

Price
AVG $260K
$4.9M
Taxes
AVG $147,171
$38,101
Visits
AVG 461
62
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1988