397 E Central St, Franklin MA 02038

Franklin, MA 02038

$19

Est. $2,263/month

5,200

Sq Ft

$0

Price/Sq Ft

1.14

Acres

1974

Year Built

47

Days on Market

Active Listed Jan 6, 2026 • MLS# 73465506 Copied!

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About this home

±5,200 SF Medical/Professional Office Space $18.95 gross per square foot, plus utilities First Floor Suite(s) comprised of ±5,200 Rentable Square Feet of (potentially divisible) professional/medical office space available for lease located at 397 East Central Street, Franklin, MA.

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Property Overview

Listing Type

Commercial Lease

Year Built

1974

Living Area

5,200 sq ft

Facts & Features

Home Facts

Type Commercial Lease

Year Built 1974

Living Area 5,200 sq ft

Lot Size 1.14 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 None

Financial

Annual Tax $24,752

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1974

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:

Location

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Neighborhood

397 E Central St, Franklin MA 02038

Franklin, MA 02038

Walkability

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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

E

Elementary Schools

7 schools

Amego School

2.1 mi

Grades PK-12

A

Benjamin Franklin Classical Charter Public School

2.6 mi | #64 of 352 | Score: 54.5

Improved 16 spots from last year

-3.7 below state avg

898 students Diverse

Grades K-08

Franklin Early Childhood Development Center

1.6 mi

142 students Diverse

Diverse Student Body

Grades PK

Lincoln Street K-2 Elementary School

2.1 mi

Grades K-02

Lincoln Street 3-5 Elementary School

2.1 mi

Grades 03-05

Washington Street K-2 Elementary School

2.8 mi

Grades K-02

Washington Street 3-5 Elementary School

2.8 mi

Grades 03-05

M

Middle Schools

1 school

Franklin Middle School

1.6 mi

Grades 06-08

H

High Schools

2 schools

A

Franklin High School

1.8 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

2.4 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

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Down: $0

Interest Rate

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Loan Term 30 years 15 years

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $2,063

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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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.

Property History

Market Insights

100%

Price Range

1

Previous Sales

Property Timeline

🏠

Listed for Sale

Jan 6, 2026

$19

Original listing

Agent: Mark Kearins Office: Atlantic Commercial Real Estate, LLC

Previous Transaction - MLS #73287659

Full transaction history available when tracking began

🏷️

Previously Sold

Oct 27, 2025

$1,550,000

MLS #73287659

View Listing →

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
01/06/2026	🏠 Listed for Sale	$19	-	-	Original listing
10/27/2025	🏷️ Previously Sold	$1,550,000	-	-	MLS #73287659

Price & Status History

Date	Event	Price	Change
Jan 6, 2026	New Listing Added	$19	—
Oct 27, 2025	Sold	$1,550,000	—

Market Statistics

Days on Market

47 days

Price per Sq Ft

$0

Tax History

Year	Taxes	Assessment
2025	$24,752	—

Financial Details

Annual Property Tax

$24,752

Tax Year 2025

Listing Information

Agent MLS ID CT000674

Office MLS ID AC0216

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.