198 Grove St, Franklin MA 02038
Franklin, MA 02038
$800,000
Est. $4,741/month
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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/30/2026 | 🏠 Listed for Sale | $800,000 | - | - | Original listing |
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
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Private Sewer
Financial
Annual Tax
$5,949
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Zoned Industrial, Septic System In Use But Town Sewer Is Stubbed At The Street Along With Natural Gas
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Norfolk
Property Overview
Listing Type
For Sale
Year Built
1984
Living Area
0 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Nearby Schools
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
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
Middle Schools
1 school
Franklin Middle School
2.0 mi
Grades 06-08
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
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
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
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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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