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Commercial Sale, 198 E Central St, Franklin MA 02038

$ 1.4M
198 E Central St, Franklin MA 02038,
  • Updated On:
  • 04/04/2023

LARGE MIXED-USE BUILDING IN THE HEART OF FRANKLIN! Don’t miss this opportunity to purchase a lucrative commercial complex that provides multiple revenue streams: three rented apartments, a large commercial space which houses DEVITA’s MARKET, and a well-established family business, including its liquor license and convenience store. The building is in a prime location, on a large lot. This family-operated business has a steady clientele, posting profits from the deli, the lottery, the sale of alcohol and store items. There is parking to support the business both adjacent to the building and across the street. This commercial plaza has visibility on Route 140, drawing clients from the community and beyond. It is ideally located in the bustling part of Franklin, and is close to highways I495, I95, and Route 1 and 1A.This is an opportunity to own BOTH commercial and residential real estate and a thriving, successful business! This is a dream investment, with expansion potential to boot!

Property Id : 187599
Price: $ 1.4M
Property Lot Size: 0 ft2
Bathrooms: 4
List Agent MLS ID: CN229097
List Office MLS ID: AN4875
Original List Price: 1350000
Street Name: E Central St
Buyer Agency Compensation: 2.0
Disclosures: This sale INCLUDES the business,DEVITA'S MARKET. Or,a buyer can purchase the real estate portion only. The neighboring multi-family,206 East Central,which contains more parking spaces for this plaza,is also on sale.
Tax Annual Amount: 6012
Tax Year: 2023
Utilities: Public Water,Public Sewer,Natural Gas Available
Zoning: Mixed
Listing ID: 73094656
Lot Size Area: 0.15
Lot Size Square Feet: 6482
Lot Size Units: Acres
MLS Status: New
Parking Total: 8
Roof: Asphalt/Composition Shingles
State: MA
Street Number: 198
Street Number Numeric: 198
Transaction Broker/Facilitator Compensation: 2.0
Year Built: 1920

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