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3 Bent St 8,500 SF 100% Leased Office Building Franklin, MA 02038 $1,585,470 CAD ($186.53 CAD/SF)
Executive Summary
WONDERFUL INVESTMENT PROPERTY OR OWNER OCCUPIED INVESTMENT - 3 Bent Street includes over 8,500 sq ft of rentable space. Current Tenant is a Music School which is leasing approximately 80 % of the building and has been a tenant for over 15 Years. Existing Owner Occupied Space available includes a garage/storage area and Office space - Private bathroom and private entrance. Ample parking - Building has been nicely updated and maintained over the years. Town Water, Town Sewer , Natural Gas - Separately Metered - GREAT VALUE !
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$143,517
|
$21.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$143,517
|
$21.15
|
| Taxes |
$19,088
|
$2.81
|
| Operating Expenses |
$18,678
|
$2.75
|
| Total Expenses |
$37,766
|
$5.57
|
| Net Operating Income |
$105,751
|
$15.58
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $143,517 |
| Annual Per SF | $21.15 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $143,517 |
| Annual Per SF | $21.15 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,088 |
| Annual Per SF | $2.81 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $18,678 |
| Annual Per SF | $2.75 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $37,766 |
| Annual Per SF | $5.57 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $105,751 |
| Annual Per SF | $15.58 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
8,500 SF
Building Class
B
Year Built
2007
Price
$1,585,470 CAD
Price Per SF
$186.53 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,250 SF
Slab To Slab
11’
Building FAR
0.34
Lot Size
0.57 AC
Zoning
Non-conforming - Pre Existing Non Confirming Office Building - Currently Music School Major Tenant. And Owner Occupied Office Engineer
Parking
22 Spaces (2.59 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bourne Consulting Engineering
- Professional, Scientific, and Technical Services
- -
- -
- -
- Encore Music Academy
- Educational Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bourne Consulting Engineering | Professional, Scientific, and Technical Services | - | - | - | ||
| Encore Music Academy | Educational Services | - | - | - |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | FRAN-000215-000000-000025 | Total Assessment | $1,472,006 CAD |
| Land Assessment | $534,924 CAD | Annual Taxes | $19,088 CAD ($2.25 CAD/SF) |
| Improvements Assessment | $937,082 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
FRAN-000215-000000-000025
Land Assessment
$534,924 CAD
Improvements Assessment
$937,082 CAD
Total Assessment
$1,472,006 CAD
Annual Taxes
$19,088 CAD ($2.25 CAD/SF)
Tax Year
2025
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3 Bent St
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