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196 Grove St

Franklin, MA 02038

For Sale
OverviewPhoto GalleryLocationAsk ChatGPT About This Property
Offered at $1,100,000
Offered at
0 Beds
Number of Bedrooms
87,120 sqft
Lot Size

Commercial Development Opportunity - Industrial Zoned Lot with Route 495 Access in Franklin, MA

Unlock the potential of this prime 2-acre industrial-zoned redevelopment site strategically positioned at 196 Grove Street in Franklin, MA. Boasting 247 feet of prominent frontage and a depth of 497 feet, this highly visible parcel sits directly at the entrance of a major active warehouse facility, capturing high daily traffic volumes. Currently featuring a residential structure that can be rehabilitated or cleared, the property presents an ideal footprint for commercial conversions, including a warehouse, storage facility or contractors yard development subject to local planning board approvals. Situated outside of the local cannabis zone and located just minutes from the Route 495 corridor, this site offers seamless regional logistics. Furthermore, a new 330-unit residential development under construction nearby guarantees expanding local consumer demand. Please coordinate all visits in advance as the property is currently occupied.

More Details ...

Property Overview

Address:196 Grove St , Franklin, MA 02038
Type:Industrial w/Res Use
Status:For Sale
Price: $1,100,000
Bedrooms:0
Lot Size:87,120 sqft
Year Built:1920

Frequently Asked Questions

What is the current zoning for 196 Grove Street in Franklin, MA?

The property is currently zoned as Industrial, although it has an active residential use. This unique zoning combination makes the site highly suitable for commercial redevelopment or conversion, subject to local municipal approvals.

What are the dimensions and total lot size of the property?

The lot encompasses approximately 87,120 square feet (2.0 acres). It features 247 feet of direct frontage along Grove Street and extends 497 feet to the rear property line, offering a deep, versatile footprint for development.

Is the property at 196 Grove Street located in the local cannabis zone?

No, this parcel is not located within the local cannabis zone. Buyers interested in other industrial or commercial applications can proceed without the specific regulatory restrictions associated with that zone.

What commercial uses are possible for this site?

Given its location at the entrance of a major warehouse facility and its industrial zoning, the site is highly suitable for commercial redevelopment, such as a convenience store, gas/service station, or other retail/service operations, subject to Franklin Planning Board approval.

How close is the property to major highway networks?

The property offers exceptionally easy access to Route 495, which is located just a few minutes away. This connects the site seamlessly to the Massachusetts Turnpike (I-90), Interstate 95, and key regional hubs like Boston, Providence, and Worcester.

Can the existing residential building on the site be preserved?

Yes, depending on your development plans, the existing residential building can either be completely rehabilitated for office/commercial administrative use or cleared entirely to make room for new ground-up construction.

What nearby developments are currently impacting the local market on Grove Street?

A new 300-unit residential apartment development is currently under construction on Grove Street. This nearby project is expected to significantly increase local traffic, density, and consumer demand in the immediate area once completed.

Is public transportation available near this location in Franklin?

Yes, Franklin is served by the MBTA Commuter Rail on the Franklin/Foxboro Line, providing passenger train access to Boston's South Station from nearby stops in town, complementing the highway access of the Route 495 corridor.

Are there public utilities available at the 196 Grove St site?

The property has been in active residential use, meaning hookups are established. Prospective developers should consult with the Town of Franklin municipal departments to verify specific utility capacities for high-demand commercial or industrial redevelopments.

How can I schedule a tour or view the property?

Because the property is currently occupied, all on-site visits and inspections must be scheduled in advance with an appointment. Please do not enter the parcel or disturb the occupants without a confirmed booking.

Photo Gallery

Positioned within one of Massachusetts' most dynamic industrial corridors, 196 Grove Street presents a premier redevelopment opportunity in the heart of Franklin, MA. This expansive 2-acre parcel (87,120 square feet) is currently zoned for industrial use with an active residential occupancy. It features a strategic layout with 247 feet of direct frontage along Grove Street and a parcel depth of 497 feet, providing excellent site access, high visibility, and multiple design configurations for future commercial execution.

The property is uniquely situated at the immediate entrance of a major, high-volume warehouse and logistics facility, ensuring a steady stream of commercial and consumer traffic directly past the site. This exceptional positioning makes the parcel a prime candidate for high-demand retail or commercial services, such as a warehouse, storage facility or contractors yard, subject to obtaining the necessary local Planning Board approvals. Investors should note that this specific parcel is located outside of the designated local cannabis zone, offering a clean regulatory slate for traditional commercial uses.

Adding to the site's long-term commercial viability is its proximity to a new 330-unit residential apartment complex currently in the initial phases of construction on Grove Street. This nearby development will significantly increase local population density and drive consistent neighborhood traffic directly past this location, creating an immediate customer base for any newly established business or retail service.

The existing residential structure on the property offers flexible options for prospective buyers. Depending on your specific development goals and engineered site plans, the building can be completely rehabilitated for office use or cleared to make way for custom ground-up construction. This adaptability allows developers to phase their projects or tailor the property footprint precisely to market demands.

Logistically, the location offers rapid, efficient access to Route 495, connecting your operations to the broader Massachusetts, Rhode Island, and New England highway networks. To respect the privacy of the current occupants, all site visits and property tours must be scheduled in advance with an appointment. Do not walk or enter the property without confirmed authorization.

This property is located at 196 Grove St, Franklin, MA 02038

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Eileen Mason

RE/MAX Executive Realty
License: 9072191
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Listed by: RE/MAX Executive Realty