Home » Real Estate » MA » Franklin » 02038 » 198 E Central St, Franklin, MA, 02038
$1,350,000

198 E Central St, Franklin, MA, 02038

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LARGE MIXED-USE BUILDING IN THE HEART OF FRANKLIN! Don't miss this opportunity to purchase a lucrative commercial complex that provides multiple revenue streams: three rented apartments, a large commercial space which houses DEVITA's MARKET, and a well-established family business, including its liquor license and convenience store. The building is in a prime location, on a large lot. This family-operated business has a steady clientele, posting profits from the deli, the lottery, the sale of alcohol and store items. There is parking to support the business both adjacent to the building and across the street. This commercial plaza has visibility on Route 140, drawing clients from the community and beyond. It is ideally located in the bustling part of Franklin, and is close to highways I495, I95, and Route 1 and 1A.This is an opportunity to own BOTH commercial and residential real estate and a thriving, successful business! This is a dream investment, with expansion potential to boot!
Offered By
Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Property Type Commercial
Status Pending
MLS # 73094656

Market Trends

New Properties On Market
45
246% Increase In New Listings
Average Asking Price
$707,580
$196,434 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$325
$72 Increase In List Price/Sq. Ft.
Data as of May 19, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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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.
IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.
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.