
950 Chestnut St Franklin — Photo 1 of 3
$10.66
Investment Analysis — 950 Chestnut St
Franklin, MA 02038
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02038 carries an estimated $2,040/mo in gross rent — about a 174529.08% cap rate and $18,605/yr in estimated NOI at the $10.66 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
3
SqFt
--
Style
Other
Built
1987
Greater Boston Commercial Properties is pleased to present 950 Chestnut Street in Franklin, Massachusetts, a highly versatile ±18,274 SF freestanding flex/industrial building available for sale or lease. The property offers an attractive combination of warehouse, showroom, and professional office space, making it exceptionally well suited for a wide variety of owner-users and businesses seeking a functional facility with a strong corporate presence.The building features an impressive 25'+ clear height warehouse, providing excellent vertical capacity for storage, racking, distribution, light manufacturing, and other industrial operations. The warehouse is complemented by dedicated showroom and office areas, allowing a company to consolidate its operations, customer-facing space, and administrative functions under one roof. Loading is well accommodated with one drive-in door and one loading dock, providing flexibility for deliveries, shipping, and day-to-day operations. The property is situated on approximately 1.18 acres and benefits from Industrial zoning.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$2,800,000
Aug 31, 2026
MLS® 73570100
$10.66
Aug 27, 2026
MLS® 73569024
Listing Agent: Bret O'Brien
Listing Office: Greater Boston Commercial Properties, Inc.
MLS® Number: 73569024