360 W. Central Street, Franklin MA 02038

Franklin, MA 02038
$4,999,900
$2,500,000
Est. $13,637/month
6.84
Acres
Commercial
Type
121
Days on Market
For Sale Price Drop -$2,499,900 Listed Apr 15, 2026 • MLS# 73502051 Copied! • Updated Jul 31, 2026

Track this home for price, status, and open-house alerts.

About this home

NEW PRICE~LOCATION~LOCATION~LOCATION~After (4) four generations of ownership it's time to sell this incredible piece of real estate located on the corner of Rt 140 and Beaver Street in Franklin, MA with great exposure~Almost 7 acres of desirable land once a thriving farm which dates back to 1938, (Akin Bak Farm). Opportunity for the right buyer with vision....Seller is selling property "AS IS" with existing structures on property and makes no representations and or warranties~NOT subject to 61A~Many possibilities for buyers, investors, developers~Do not walk the property without an appointment~BRING OFFERS!!!!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

4
Price Changes
50%
Price Range

Property Timeline

Price Reduced
Jul 27, 2026
$2,500,000 $499,900 (-16.66%)
From $2,999,900 to $2,500,000 (-16.7%)
Price Reduced
Jun 23, 2026
$2,999,900 $500,000 (-14.29%)
From $3,499,900 to $2,999,900 (-14.3%)
Price Reduced
Jun 2, 2026
$3,499,900 $400,100 (-10.26%)
From $3,900,000 to $3,499,900 (-10.3%)
Price Reduced
May 12, 2026
$3,900,000 $1,099,900 (-22%)
From $4,999,900 to $3,900,000 (-22.0%)
🏠
Listed for Sale
Apr 15, 2026
$4,999,900
Original listing

Tax History

Year Taxes Assessment
2026 $9,549 $821,800

Financial Details

Annual Property Tax
$9,549
Tax Year 2026
Assessed Value
$821,800

Facts & Features

Home Facts

Type Land
Style Commercial
Lot Size 6.84 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric At Street
Water Public
Sewer Private Sewer
Gas At Street
Other None
Annual Tax $9,549
Assessed Value $821,800
Seller Disclosures Seller Prefers 10/21/2026 Closing Date~seller Requires Time To Find Suitable Housing~property Being Sold As Is~buyer/buyers Agents To Conduct Their Own Due Diligence~reasonable Offers Entertained~
Possession None
Accepted Financing None
Structure Type []
Documents None
County Norfolk
Total market time (incl. prior listings) 107 days

Property Overview

Property Type
Commercial
Listing Type
For Sale

Floor Layout

Interior Features

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

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level, Corner Lot
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
Amego School
0.8 mi
Grades PK-12
A
Benjamin Franklin Classical Charter Public School
2.0 mi | #64 of 352 | Score: 54.5
Improved 16 spots from last year
-3.7 below state avg
898 students Diverse
Grades K-08
Franklin Early Childhood Development Center
0.5 mi
142 students Diverse
Diverse Student Body
Grades PK
Lincoln Street K-2 Elementary School
1.7 mi
Grades K-02
Lincoln Street 3-5 Elementary School
1.7 mi
Grades 03-05
Washington Street K-2 Elementary School
2.4 mi
Grades K-02
Washington Street 3-5 Elementary School
2.4 mi
Grades 03-05
M

Middle Schools

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

High Schools

2 schools
A
Franklin High School
0.5 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
A-
Tri-County Regional Vocational Technical
0.7 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
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 $796
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Loading map...

Neighborhood

360 W. Central Street, Franklin MA 02038

Franklin, MA 02038

Listing Information

Listing Agent Robert P. Carey
Listing Office Carey Realty Group, Inc.
Office Phone 774-306-1342
Agent MLS ID BB802309
Office MLS ID AN0574
Listing Data Updated Jul 31, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Franklin, MA

Real-time market trends and pricing data for this area

Loading market insights for Franklin.