360 W. Central Street, Franklin MA 02038

Franklin, MA 02038
$4,999,900
$2,999,900
Est. $16,165/month
6.84
Acres
Commercial
Type
101
Days on Market
Active Price Drop -$2,000,000 Listed Apr 15, 2026 • MLS# 73502051 Copied! • Updated Jun 27, 2026

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!!!!

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Recently Sold Nearby

Property History

Market Insights

3
Price Changes
40%
Price Range

Property Timeline

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) 73 days

Property Overview

Property Type
Commercial
Listing Type
Land

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

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

3 schools
Franklin Early Childhood Development Center
0.5 mi
142 students Diverse
Diverse Student Body
Grades PK
Amego School
0.8 mi
Grades PK-12
Lincoln Street K-2 Elementary School
1.7 mi
Grades K-02
M

Middle Schools

3 schools
Franklin Middle School
0.5 mi
Grades 06-08
C+
Bellingham Memorial Middle School
3.2 mi | #231 of 352 | Score: 38.2
Improved 9 spots from last year
-20 below state avg
586 students Moderate
Grades 04-07
A
Medway Middle School
4.1 mi | #68 of 352 | Score: 53.8
Dropped 21 spots from last year
-4.4 below state avg
677 students Moderate
Grades 05-08
H

High Schools

3 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
B-
Bellingham High School
3.0 mi | #201 of 346 | Score: 51.4
Improved 26 spots from last year
-6.8 below state avg
740 students Moderate
16 sports • 1,234 athletes
Rising School College Ready Curriculum Strong Athletics
Grades 08-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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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
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Current Rate
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+0.5% 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

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 Jun 27, 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

Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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