198 Grove St Franklin, MA ^$ 800,000

198 Grove St

^$ 800,000

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198 Grove St

Franklin, MA, 02038

^$ 800,000

Bedrooms-- Baths3.0

Monthly Estimate*

^$ 4,926

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Commercial Property for sale in Franklin, MA

for $800,000 with 3 full baths. This building was built in 1984 on a lot size of 0.92.

Discover a premier commercial development opportunity at 198 Grove Street, Franklin, MA. This strategically located industrial-zoned parcel spans 40,101 square feet (0.92 acres) and offers highly desirable dimensions, featuring 285 feet of frontage along Grove Street with a depth of 497 feet. Positioned directly at the entrance of a major UPS warehouse facility, this property is uniquely suited for conversion into a modern distribution warehouse, contractor yard, fleet parking lot, or self-storage facility. The site currently features a single-family log cabin and an inground pool, providing temporary functional use during the permitting phase. For developers seeking a larger footprint, an adjacent 2.0-acre industrial lot (MLS 73510670) is also available, allowing for a combined assembly of nearly 3 acres. While currently utilizing an active septic system, municipal sewer and natural gas infrastructure are already stubbed at the street, significantly simplifying utility hookups.

Commercial Active

Price

^$ 800,000

Full Bath

Property Type

Commercial

Taxes

^$ 5,949

Style

Industrial

Lot Size

0.92

Year Built

1984

Town/City

Franklin

County/Region

Norfolk

MLS | Web ID

73510742

List By

Eileen A. Mason

Listing Agent

Remax Executive Realty

Broker

Affordability Calculator

$5,421

Per Month

Monthly Principal & Interest: $4,926
Monthly Property Taxes: $496
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Commerical listings in Franklin, MA

Average List Price ^$950,000

Percent of Sale Price 19%

About Franklin, MA

33,331 Population

13% Since 2002

^$109,068 Median Income

40.63 Median Age

38% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
4/30/2026	$800,000		Listed Price

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198 Grove St, Franklin, MA, 02038 is a Commercial Property for sale at $800,000 with a lot size of 0.92. 198 Grove St has 3.0 baths and was built in 1984. The property's zip code is 02038 which is in Franklin, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/20/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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198 Grove St

Commercial Property for sale in Franklin, MA

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