198 Grove St, Franklin MA 02038

Franklin, MA 02038
$800,000
Est. $4,741/month
0.92
Acres
1984
Year Built
84
Days on Market
Active Listed Apr 30, 2026 • MLS# 73510742 Copied! • Updated Jun 5, 2026

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Apr 30, 2026
$800,000
Original listing
Agent: Eileen A. Mason Office: REMAX Executive Realty

Tax History

Year Taxes Assessment
2025 $5,949

Financial Details

Annual Property Tax
$5,949
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1984
Living Area 0.00
Lot Size 0.92 acres
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Private Sewer

Financial

Annual Tax $5,949
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Zoned Industrial, Septic System In Use But Town Sewer Is Stubbed At The Street Along With Natural Gas
Possession None
Accepted Financing None
Structure Type []
Documents None
County Norfolk

Property Overview

Listing Type
Commercial Sale
Year Built
1984
Living Area
0 sq ft

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1984
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:
School District
Franklin School District local
A
🎓 Where Graduates Go Class of 2021
84% attend college
79% 4-Year 5% 2-Year 45% Out of State 4% Working
School Safety 2024-25
0.7% Low
0.7% Suspensions 1.7% In-School
4.8% below state avg
E

Elementary Schools

7 schools
A
Benjamin Franklin Classical Charter Public School
0.6 mi | #64 of 352 | Score: 54.5
Improved 16 spots from last year
-3.7 below state avg
898 students Diverse
Grades K-08
Amego School
0.8 mi
Grades PK-12
Washington Street K-2 Elementary School
1.0 mi
Grades K-02
Washington Street 3-5 Elementary School
1.0 mi
Grades 03-05
Franklin Early Childhood Development Center
2.0 mi
142 students Diverse
Diverse Student Body
Grades PK
Lincoln Street K-2 Elementary School
3.3 mi
Grades K-02
Lincoln Street 3-5 Elementary School
3.3 mi
Grades 03-05
M

Middle Schools

1 school
Franklin Middle School
2.0 mi
Grades 06-08
H

High Schools

2 schools
A-
Tri-County Regional Vocational Technical
2.0 mi | #92 of 346 | Score: 60.8
Improved 46 spots from last year
+2.6 above state avg
1,000 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
A
Franklin High School
2.1 mi | #57 of 346 | Score: 66.1
Improved 35 spots from last year
+7.9 above state avg
1,453 students Moderate
18 sports • 2,232 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $496
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

198 Grove St, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent Eileen A. Mason
Listing Office REMAX Executive Realty
Office Phone 508-520-9696
Agent MLS ID BB806396
Office MLS ID BB1175
Listing Data Updated Jun 5, 2026 3:05 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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198 Grove St, Franklin MA 02038 - Photo 1 198 Grove St, Franklin MA 02038 - Photo 2 198 Grove St, Franklin MA 02038 - Photo 3 198 Grove St, Franklin MA 02038 - Photo 4 198 Grove St, Franklin MA 02038 - Photo 5 198 Grove St, Franklin MA 02038 - Photo 6 198 Grove St, Franklin MA 02038 - Photo 7
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BMN Boston Real Estate

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