Franklin, IN Commercial Real Estate for Sale

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19 properties

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Updated: May 5

Commercial Land with Existing Building

3480 S Us 31, Franklin, IN 46131

$299,000

3.00 AC lot

3‑acre commercial land parcel
Existing structure of approximately 1,900+ square feet
Nearly 650ft of frontage on U.S. Highway 31
General Commercial zoning
Existing building was previously used for retail

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Updated: Jun 14, 2024

Mixed-Use Property with Apartment

80 N Jackson Street, Franklin, IN 46131

$370,000

0.12 AC lot

Main‑floor commercial space currently used as a barber shop
Main‑floor 1BR apartment plus unfinished 2nd‑floor unit with 2+ BR potential
Mixed Use zoning on a 0.12‑acre property
Private entrances for all units
Private off‑street parking accessed by alley

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Chili's Restaurant with NNN Lease

2299 N Morton St, Franklin, IN 46131

$2,528,909

5,856 sqft

Occupied by Chili’s under a triple-net ground lease with renewal options.

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Remodeled Two-Story Office Building

164 E Jefferson St, Franklin, IN 46131

$599,000

3,272 sqft

Updated workspace combines open-plan areas with private offices, a conference room, kitchen, and bathroom.

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Historic Office Building

227 E Jefferson St, Franklin, IN 46131

$444,900

2,889 sqft

Character-rich commercial property combining preserved architectural details with extensive modern system upgrades.

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Commercial Land Near Retail Corridor

2048 N Morton St, Franklin, IN 46131

$399,000

2,448 sqft

Redevelopment site near a retail corridor anchored by Walmart, Lowe’s, Meijer, and Kroger.

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Versatile Office Building in Franklin

130 Fairway Lakes Dr, Franklin, IN 46131

$695,000

0.35 AC lot

Adaptable office space in a growing Franklin market.

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Industrial Property Near Downtown Franklin

159 CINCINNATI ST, Franklin, IN 46131

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6,094 sqft

Industrial property with outside storage near downtown Franklin, Indiana.

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Corporate-Backed Drive-Thru Restaurant Ground Lease

2490 N Morton St, Franklin, IN 46131

$3,000,000

New 15-year corporate-backed Chick-fil-A ground lease with absolute NNN structure and a double-stack drive-thru concept.

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Turnkey Medical Office Building

950 W JEFFERSON ST, Franklin, IN 46131

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3,000 sqft

Move-in-ready medical/office space with central HVAC, two entrances, and an unfinished basement for storage or future buildout.

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Commercial Land Development Site

3800 N State Road 135, Franklin, IN 46131

$2,750,000

Commercial land with nearby utility availability and surrounding residential and commercial development.

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Business Opportunities for sale

4170 U.S. 31 South, Franklin, IN 46131

$1,150,000

139,392 sqft 3.20 AC lot

139,392 SF Pet Shops & Supplies in Johnson County

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Medical Office Building with Available Suites

1300 West Jefferson Street, Franklin, IN 46131

$4,300,000

Configured for established healthcare users with occupied space and additional suites available for expansion or new tenancy.

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Commercial Land with Existing Building

3480 S US HIGHWAY 31, Franklin, IN 46131

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1,954 sqft

GC-zoned site along U.S. Highway 31 with an existing structure and convenient ingress and egress.

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Prime Commercial Development Land For Sale

1760 Thornburg Ln, Franklin, IN 46131

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3.50 AC lot

1.04-3.5 acres in Franklin, suitable for retail/apartments.

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Franklin Industrial Land Available

3113 Graham Rd, Franklin, IN 46131

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35.14 AC lot

35.14 acres of industrial land in Franklin, Indiana.

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Vacant Lot For Sale

1079 N Morton St, Franklin, IN 46131

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Vacant lot suitable for storage units in prime location.

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Commercial Development Land Parcel

4000 State Road 135, Franklin, IN 46131

$3,250,000

Extensive SR 135 frontage with nearby utilities, suited for commercial or multifamily development planning.

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22 Acre Mixed-Use Development

512 S U.S. 31, Franklin, IN 46131

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22.00 AC lot

22-acre mixed-use development opportunity on US 31 in Franklin, IN.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Franklin, IN, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

Off-Market Properties in Franklin, IN

Consider similar Off-Market properties in Franklin, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MANUFACTURING (LIGHT)

600 International Dr, Franklin, IN 46131-9756

Estimated value:

$255,000

6,390 sqft 1.22 AC lot

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MANUFACTURING (LIGHT)

800 Industrial Dr, Franklin, IN 46131-9619

Estimated value:

$3,200,000

64,238 sqft 20.41 AC lot

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OFFICE (GENERAL)

40 Water St, Franklin, IN 46131-2338

Estimated value:

$245,000

4,366 sqft 0.05 AC lot

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THEATER (MOVIE)

250 14th St, Franklin, IN 46131-1106

Estimated value:

$260,000

4,452 sqft 2.87 AC lot

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VACANT COMMERCIAL LAND

4707 State Rd 135, Franklin, IN 46131-8376

Estimated value:

$225,000

1.52 AC lot

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Franklin, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Franklin, IN, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 164,905 square feet of properties for sale, with an estimated market value of $19,785,809.

Sale prices for business properties in Franklin, IN start at $299,000, averaging $1,648,817, and reaching up to $4,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 36K

Population Growth (5Y) +9.7%

Median Household Income $81,914

College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46131	$1.3M

Taxes & Financing

Tax Rate (average for all types) 2.14%

Property Tax per SF $54.44 per SF

Tax Rate vs County Average 0.32 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Franklin fall within the 100,000+ square foot range.

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