198 Grove St, Franklin MA 02038
198 Grove St, Franklin MA 02038 photo 2
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7 photos

$800,000

198 Grove St, Franklin MA 02038
Franklin, MA 02038
Listed by Eileen A. Mason
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1984

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 details

MLS #
73510742
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
116
On market date
April 30, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.92 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Benjamin Franklin Classical Charter Public School
0.59 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
818
Student:teacher ratio
14.4:1
District
Benjamin Franklin Classical Charter Public (District)
Middle
Remington Middle
1.02 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
378
Student:teacher ratio
9.9:1
District
Franklin
High
Tri-County Regional Vocational Technical
2.01 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
939
Student:teacher ratio
10.9:1
District
Tri-County Regional Vocational Technical

Mortgage calculator

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Est. monthly payment
$4,968/mo
$160,000 down
$640,000 loan
Principal & interest$4,151
Property tax (est.)$667
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.