397 East Central St, Franklin, MA 02038 - Photo 1

1/1

$1,550,000

Sold
Closed
Commercial

1/1

Property Description

Desirable 10,400 sq ft Office Building located on a flat lot zoned Commercial II available for sale. Approximately 5,000 sq ft per floor. Each floor is metered separately.Town Water, Sewer and natural gas. First floor is vacant. Great space for Accounting Firm, Law Office, Therapist, Financial Planner - Many private offices, kitchen , conference room, Flex spaces (floor plan attached ) The Second floor is currently occupied - lease expires 10/31/2026 (Dental practice) Large level lot with approximately 60 Parking spaces. Great Owner Occupied property or Re Development Opportunities!

Full Property Details

Full Property Details for 397 E Central St

General

Sold For: $1,550,000
Taxes: $24,254 (2024)
Status: Closed
Type: Commercial
MLS ID: 73287659
Added to Site: 492 day(s) ago

Location

County: Norfolk

Structural Information

Square Feet: 10,400
Year Built: 1974

Lot Features

Lot Size (Acres): 1.14

Financial Considerations

Tax Amount: $24,254
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: Exterior ramp recently updated - Dental Office Lease to expire 10/31/2026 Seller is motivated for an Offer.
Property ID: 90697
Block/Lot/Section: 5

Listed by Costello Realty, Christine Molla
Sold by Non Member Office, Non Member

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Listing agent

— 397 E Central St —

Christine Molla

Costello Realty

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Schools

Schools serving 397 E Central St

School District:Franklin School District, Franklin, MA

Name	Grades	Distance
Gerald M. Parmenter Elementary School 235 Wachusett Street, Franklin, MA 02038	K-5	1.1 mi
Remington Middle School 628 Washington Street, Franklin, MA 02038	6-8	2.8 mi
Franklin High School, Franklin, MA 218 Oak Street, Franklin, MA 02038	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 397 E Central St

Date

Details

Price

Change

Source

10/27/2025

Sold

$1,550,000

-8.55%

MLS

4/14/2025

Price Reduced

$1,695,000

-5.57%

MLS

3/17/2025

Price Reduced

$1,795,000

-9.57%

MLS

1/30/2025

Price Reduced

$1,985,000

-7.67%

MLS

11/12/2024

Price Reduced

$2,150,000

-8.51%

MLS

9/10/2024

Listed

$2,350,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Total Bath
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Total Baths
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Just Listed

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Open House

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Single Family
Active
Updated 1 day ago

5
Beds
5
Total Baths
4,636
Sq. Ft.

Price Reduced

-$25,000 (-5.56%)

$425,000

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Single Family
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,344
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Price Reduced

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,682
Sq. Ft.

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Price Reduced

-$10,000 (-1.52%)

$649,000

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Single Family
Active
Updated 3 days ago

3
Beds
3
Total Baths
2,125
Sq. Ft.

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Sold

$1,490,000

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Single Family
Closed

4
Beds
4
Total Baths
4,266
Sq. Ft.

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Sold

$1,475,000

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Single Family
Closed

4
Beds
4
Total Baths
4,269
Sq. Ft.

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Sold

$1,350,000

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Single Family
Closed

4
Beds
5
Total Baths
5,229
Sq. Ft.

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Sold

$1,500,000

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Single Family
Closed

4
Beds
6
Total Baths
6,556
Sq. Ft.

397 East Central St, Franklin, MA 02038 (MLS# 73287659) is a Commercial property that was sold at $1,550,000 on October 27, 2025. Want to learn more about 397 East Central St? Do you have questions about finding other Commercial real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.

397 E Central St Franklin, MA 02038