198 Grove St Franklin, MA

$800,000
Acres 0.92
Photo of 198 Grove St Franklin MA 02038




Description

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.


Listed by REMAX Executive Realty, Eileen Mason

Details

MLS 73510742
Status Active
Price $800,000
DOM 135 days
Type Commercial
Lot Size 0.92 acres
Year Built 1984

Lot & Building Features

Tax Year 2025
Taxes Paid $5,949

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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