Sold Jul 6, 2026$825,000
Active
198 Grove St
Franklin, MA 02038
Offered at$800,000
Commercial Sale · Active · MLS #73510742
Listing Courtesy of REMAX Executive Realty | Eileen A. Mason
—Bedrooms
3Bathrooms
—Square feet
1984Year built
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MLS PIN data
About this home
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.
Property information
Details at a glance
Building
- Style
- Other
- Year built
- 1984
Land & utilities
- Lot size
- 0.92 acres
- Zoning
- Industrial
Financial
- Annual taxes
- $5,949
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Comparable sales
Recent properties for context
Local market context
How this home compares in Franklin
MetricThis propertyFranklin
List price$800,000$1,100,00027% below local
Price / sq ft—$283
Days on market—63
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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About 198 Grove St
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