Investment opportunity available in Franklin. This four building property is available for sale. Opportunities exist to improve the property and increase revenues. Located in a central business area in downtown Franklin, this is a very active plaza with long history of serving the local businesses and residents in the area. The main building consists of a convenience store and smoke shop, with office space above. 2nd building is a contractors storage garage, 3rd is a multi-tenant strip mall and 4th is a salon service business. Parking available for approximately 30 vehicles. Easy access from both Cottage St and Union St. This location is projected to be the end of the SNETT Trail in the future so opportunity exists for increased traffic and business for all tenants. Qualified Buyer showings are by appointment only. (Please respect landlords' request to not approach existing tenants. Thanks.)
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Last Updated: October 8th, 2024 at 9:03am
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General Information for 326 Union St, Franklin, Massachusetts 02038
Property TypeCommercial Sale
Price$1,800,000
MLS #73290185
List Date2024-09-14
Special Listing ConditionsNo
StateMassachusetts
Street NameUnion St
Unit
CityFranklin
Zip Code02038
CountyNorfolk
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total11630
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress326 Union St, Franklin MA 02038
Zoning
Zoning DescriptionLegal Conforming
Business TypeCommercial
Interior Features for 326 Union St, Franklin, Massachusetts 02038
* Approx. Living Area Total11,630 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 326 Union St, Franklin, Massachusetts 02038
* Parking Spaces30
* Year Built1900
Year Built Details
Year Built Source
Construction MaterialsNo
Approx. Street Frontage190.00
Utilities
Disclosures for 326 Union St, Franklin, Massachusetts 02038
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableNo
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 326 Union St, Franklin, Massachusetts 02038
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$1,800,000
Lifestyle Information for 326 Union St, Franklin, Massachusetts 02038
Association AmenitiesNo
Frontage Type
GarageYNNo
Location information for 326 Union St, Franklin, Massachusetts 02038
Marketing History for 326 Union St, Franklin, Massachusetts 02038
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 326 Union St, Franklin, Massachusetts 02038