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186 Grove St

5,782 SF 100% Leased Industrial Building Franklin, MA 02038 $1,195,000 ($207/SF)

Investment Highlights

  • Renovated in 2020
  • Currently divided into 4 business suites.

Executive Summary

Professional Office Building Remodeled in 2020, Situated on 1.88 Acres with Expansion Potential, Twenty five Parking Spots available, Currently Divided into 4 Business Suites, 4 Bathrooms, 2 Separate Natural Gas Heating Systems, Security Alarm and Integrated Access Card System, Irrigation System, New Roof 2020, Exterior and Common Lighting Controlled by Lutron Switches, Wheelchair Ramp 2020, Tesla Power Charger(Pedestal Base), Vinyl Siding, Town Water, Town Sewer, Great Opportunity to Bring Your Business to Franklin!

Property Facts

Price $1,195,000
Price Per SF $207
Sale Type Investment
Property Type Industrial
Building Class C
Lot Size 1.88 AC
Rentable Building Area 5,782 SF
No. Stories 4
Year Built/Renovated 1950/2020
Parking Ratio 4.32/1,000 SF

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FRAN-000306-000000-000010
Land Assessment
$257,400
Improvements Assessment
$969,700
Total Assessment
$1,227,100

zoning

Zoning Code 340 Office
340 Office
  • Listing ID: 32260698

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 186 Grove St, Franklin, MA 02038

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