198 Grove St, Franklin MA 02038

Franklin, MA 02038

$800K

3 BA · · 0.92 ac · Built 1984

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The residence

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.

At a glance

Property type: Commercial Sale
Status: Active
Year built: 1984
Lot size: 0.92 acres
MLS#: e2bed20ffde30ce4b34344ded184059a
Beds · Baths: 0 · 3

Location

Franklin, MA.

Franklin, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$4K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$800K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of REMAX Executive Realty · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 3, 2026

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