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Three-Story Mixed-Use Building
For Sale
$749,000

153 E Palmer St, Franklin, NC 28734

Commercial Sale, Franklin, NC

Property Size6,850 SF
Lot Size0.49 Acres
Price / SF$109.34
Days on Market124

Property Features for 153 E Palmer St

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features On Street
Lot features City, City Lot
Directions From West Main Street, turn LEFT on Porter Street (at Lazy Hiker), next LEFT on E Palmer Street, the building is on your RIGHT at 153 E. Palmer Street
Subdivision Franklin
Standard status Active
APN 6594191486
Size 6,850 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 4362

Utilities

Utilities Water Available
Heating system Propane (Heating)

Building Details

Year built 1948
Floors in Building 3
Flooring type Hardwood, Carpet, Concrete
Building materials Masonry
Roof type Wood
Listing Agency: Realty One Group Vibe
Listed By: Thomas Evan Harrell · License #280365
Added: May 14 Changed: Sep 12 Last Checked: Sep 14 at 10:06PM
MLS# 26047250

Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story mixed-use building provides 6,850 square feet on a 0.49-acre parcel. Masonry construction dates to 1948, with carpet, hardwood, and concrete flooring. Multiple entrances support flexible separation of the main-level retail areas, while the upper floor contains 10 rooms suited to offices, meetings, conferences, or creative workspace. The lower level includes an open room with access to a fenced rear yard, along with a separate storage building containing four bays.

Located at 153 E Palmer St in Franklin, the property recorded an annual average daily traffic count of 5,637 in the NCDOT 2024 traffic survey. Current leases have been renewed through May 2027. The offering includes the real property only; no business is included.

Key Highlights

  • 6,850‑square‑foot mixed‑use building on 0.49 acres
  • Three‑story masonry building constructed in 1948
  • Main level includes two adjoining retail spaces

Property Analytics

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Current Use

Nestfeathers Antiques Home Decor Store

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Florist Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5,637 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

Demographics for 28734, NC

29,284
Population
18,472
Households
1.6
Avg Household Size
49
Median Age
21%
College-Educated
90%
High-School Grad
301.0 sq mi
ZIP Area
97
Density / Sq Mi
$50,221
Median Household Income
$35,913
Median Earnings
$779
Median Rent
$203,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - In-town property combines adjoining retail areas, office-ready rooms, and auxiliary storage space.
Where is this mixed-use property located?
The property is located at 153 E Palmer St Franklin, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 6,850‑square‑foot mixed‑use building on 0.49 acres; Three‑story masonry building constructed in 1948; Main level includes two adjoining retail spaces
More about this property
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