Franklin, VA Commercial Real Estate for Lease

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Suffolk, VA Windsor, VA Smithfield, VA
Restaurant with Commercial Kitchen
Updated: Apr 27
Restaurant with Commercial Kitchen

1324 Armory Drive, Franklin, VA 23851

$14 SF/Yr
5,000 sqft
Approximately 5,000+ sq. ft. of space available for a restaurant concept
Signalized corner location with frontage on a major city artery and a heavily used side thoroughfare
Kitchen equipment and dining fixtures on site can be negotiated separately from the lease
Approx. 2,000 sq. ft. can be closed off and used as a banquet/private dining space
Zoned heat and zoned cooling with heat pump/central air (year built 1987)
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Office Building with Conference Rooms
Updated: Aug 29, 2025
Office Building with Conference Rooms

223 N Main Street, Franklin, VA 23851

$12 SF/Yr
3,440 sqft
Downtown Franklin office building with lobby, two large conference rooms, 10 individual offices, 2 bathrooms, and a kitchenette
Heat pump heating and zoned cooling system
Monthly rent: $595 for a single office space (utilities included)
Monthly rent: $3,500 to rent the entire building (utilities not included)
Built in 1930
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Downtown Retail Storefront
Downtown Retail Storefront

103 N Main Street, Franklin, VA 23851

$8 SF/Yr
1,600 sqft

Retail storefront in central downtown Franklin, VA, zoned B2 for a wide range of business uses.

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Retail Space Available For Lease
Retail Space Available For Lease

112 Council Dr, Franklin, VA 23851

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Retail space available for lease in Franklin, Virginia.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 4 Active listings in Franklin, VA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 21 Properties for Sales.

Commercial real estate for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Subdividable Commercial Land Site
Subdividable Commercial Land Site

2821 Holland Rd, Suffolk, VA 23434

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5-acre B-2 zoned site with utilities available and strong access at an intersection near Route 58.

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Industrial Land for Logistics Development
Industrial Land for Logistics Development

12360 Windsor Blvd, Windsor, VA 23487

Contact for pricing
726,000 sqft

Class A speculative industrial park land is available for lease in Isle of Wight County with nearby major corporate users.

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Zoned Industrial Land Site
Zoned Industrial Land Site

3801 Holland Rd, Suffolk, VA 23434

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Cleared, grassy industrial land offers 347 feet of frontage on Hwy 58 and municipal water at the road.

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New Construction Industrial Space
New Construction Industrial Space

12375 William A. Gwaltney Way, Windsor, VA

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352,000 sqft

New industrial space with incentives and port access.

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Similar Spaces for Sale in Franklin, VA

Consider Similar Space for Sale. We found 21 Spaces matching your search parameters.

Warehouse with Dual Street Frontage
Warehouse with Dual Street Frontage

115 E 2nd Avenue, Franklin, VA 23851

$699,333
22,154 sqft 0.27 AC lot

B2-zoned warehouse with retail frontage on two streets, including extra upstairs space for additional rental use.

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Historic Corner Church Building
Historic Corner Church Building

101 N High Street, Franklin, VA 23851

$749,900
9,821 sqft 0.26 AC lot

Multi-room facility with office spaces, classrooms, and meeting rooms across two floors, plus paved and street parking.

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Downtown Live-Work Retail Building
Downtown Live-Work Retail Building

206 N Main Street, Franklin, VA 23851

$195,000
1,422 sqft 0.04 AC lot

Mixed-use building with a retail storefront and an apartment above, both renovated in 2020 and zoned B2.

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Restaurant Facility with Private Dining
Restaurant Facility with Private Dining

1324 Armory Dr, Franklin, VA 23851

Contact for pricing
5,000 sqft

Restaurant space at a signalized corner offers on-site kitchen equipment and a separate banquet/private dining area.

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B3 Zoned Commercial Land Parcel
B3 Zoned Commercial Land Parcel

5B Stewart Drive, Franklin, VA 23851

$329,900
2.00 AC lot

Commercial land parcel zoned B3, offered for sale as a 2-acre site in Franklin.

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B-3 Zoned Commercial Development Land
B-3 Zoned Commercial Development Land

S College Drive lot: A2, Franklin, VA 23851

$250,000
1.07 AC lot

1.07-acre commercial lot with all public utilities, zoned B-3 and positioned near a major intersection.

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Franklin Redevelopment Opportunity Near Highway
Franklin Redevelopment Opportunity Near Highway

1333 Carrsville Highway, Franklin, VA 23851

$1,400,000
98,280 sqft 11.00 AC lot

11-acre commercial property near Hwy 58, suitable for redevelopment.

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Distribution and Manufacturing Facility
Distribution and Manufacturing Facility

221 Progress Parkway, Franklin, VA 23851

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138,800 sqft 14.64 AC lot

Large distribution/manufacturing facility with high clear heights, dock and grade-level access, and a fully climatized warehouse.

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B-3 Zoned Commercial Land
B-3 Zoned Commercial Land

S College Drive lot: A3, Franklin, VA 23851

$250,000
1.07 AC lot

A 1.07-acre commercial lot with public utilities, zoned B-3 and positioned next to a major retail pharmacy.

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Zoned B-3 Commercial Land Lot
Zoned B-3 Commercial Land Lot

Lot A3 S College Dr, Franklin, VA 23851

$250,000
1.00 AC lot

Commercial land parcel with utilities and B-3 zoning, adjacent to Walgreens and a major intersection.

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Prime Commercial Land in Franklin
Prime Commercial Land in Franklin

N College Drive lot: 4, Franklin, VA 23851

$295,000
3.00 AC lot

3-acre commercial land parcel with high visibility and utilities.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

Lot 4 North College Drive, Franklin, VA 23851

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3.00 AC lot

High-visibility corner parcel with approximately 818 feet of total road frontage and access from Stewart Drive.

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Development Opportunity in Isle of Wight
Development Opportunity in Isle of Wight

59 AC Carrsville Highway, Franklin, VA 23851

$1,180,000
59.66 AC lot

Two parcels totaling 59.66 acres with development potential.

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Franklin, VA Commercial Land
Franklin, VA Commercial Land

11.9AC Stewart Drive, Franklin, VA 23851

$380,000
11.90 AC lot

11.9 acre commercial land parcel in Franklin, VA.

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Two-Story Restaurant Building
Two-Story Restaurant Building

119 Main Street N, Franklin, VA 23851

Contact for pricing

Historic two-story masonry restaurant building with updated systems, elevator, and included equipment.

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Commercial Land Pad Fronting Drive
Commercial Land Pad Fronting Drive

1240 Armory Dr, Franklin, VA 23851

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1.17 AC lot

1.17-acre pad available fronting Armory Drive with reported ADT of 12,000 vehicles per day.

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Industrial Land with Substation Access
Industrial Land with Substation Access

26271 Smiths Ferry Rd, Franklin, VA 23851

Contact for pricing
708.00 AC lot

Up to 708 acres of industrial land available.

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Franklin, VA Land Opportunity
Franklin, VA Land Opportunity

9.2acs Armory Drive, Franklin, VA 23851

$599,900
9.21 AC lot

Prime commercial land in Franklin's Enterprise Zone.

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Franklin, VA Land For Sale
Franklin, VA Land For Sale

8.2acs General Thomas Highway, Franklin, VA 23851

$499,900
8.29 AC lot

Highly visible 8.29 acre parcel at a busy intersection.

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Franklin, VA Land Opportunity
Franklin, VA Land Opportunity

8.6acs Councill Drive, Franklin, VA 23851

$499,900
8.65 AC lot

8.65 acre commercial land parcel in Franklin, VA.

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Franklin, VA Commercial real estate Market Trends and Statistics

Explore Commercial real estate leasing options in Franklin, VA with 4 listings featured on our commercial real estate exchange. The current inventory includes 10,040 square feet of properties with an estimated lease value of $34 SF/Yr.

Estimated lease rates for Commercial real estate in Franklin, VA begin at $8 SF/Yr, with an average of $11.33 SF/Yr and extend to $14 SF/Yr.
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