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Former Bank Mixed-Use Building
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103 E Franklin St, Monroe, NC 28112

Former bank mixed-use building with prominent street frontage; 7,721 sq ft currently occupied by two tenants.

Space Size1,092 SF - 2,754 SF
Property Size9,828 SF
Days on Market156

Property Features for 103 E Franklin St

General Information

Standard status Active
Size 1,092 SF - 2,754 SF
Class C
Property subtype Retail, Office, Restaurant
Lease Type Modified Gross

Building Details

Building Size 9,828 SF
Year Built 1977
Tenancy Multiple

Spaces For Lease

at 103 E Franklin St Contact us

Suite 103

Size
1,092 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 105

Size
1,160 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 107

Size
2,754 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Walt Perry Realty
Listed By: Jesse Perry · License #NC 151915
Source: Crexi
Added: Apr 3 Changed: Aug 14 Last Checked: Aug 30 at 8:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walt Perry Realty

Investment Insights

Based on property information with market context.

This mixed-use property in downtown Monroe, North Carolina retains its identity as a former bank and offers strong architectural presence with prominent street frontage and landmark visibility. The building has also been recently recognized for a sunflower mural painted by Girls Who Paint, adding to its local profile.

Approximately 7,721 square feet is currently occupied by two tenants. The property is described as being in Monroe’s downtown core just outside the historic designation, so it is noted as not being on the Historic Registry.

The asset’s setting places it within walkable distance of the courthouse, government offices, local businesses, and civic anchors in Monroe’s downtown area.

Key Highlights

  • Former bank mixed‑use building built in 1977 with prominent street frontage and landmark visibility in downtown Monroe.
  • 7,721 sq ft currently occupied by two tenants.
  • Downtown location near the courthouse, government offices, local businesses, and civic anchors.

Property Analytics

Current Use

Senior Resource Connection Retirement Community United Way Social Service Agency Casa Training Academy Training Center Serenity Home Care ... Home Health Care Service Chad Lewis Bail ... Law Firm

Suggested Use

Top Pick Electrical Service Skin Care Clinic Parking Lot & Garage Storage Facility Locksmith Catering Service

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

NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

852
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Truist Shops & Services
4,518 visits/mo 0.1 miles
Domino's Pizza Dining
1,639 visits/mo 0.5 miles
Mavis Discount Tire Shops & Services
800 visits/mo 0.3 miles

Demographics for 28112, NC

27,126
Population
11,021
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
85%
High-School Grad
132.1 sq mi
ZIP Area
205
Density / Sq Mi
$74,853
Median Household Income
$42,046
Median Earnings
$1,124
Median Rent
$272,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Former bank mixed-use building with prominent street frontage; 7,721 sq ft currently occupied by two tenants.
Where is this mixed-use property located?
The property is located at 103 E Franklin St Monroe, NC.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Former bank mixed‑use building built in 1977 with prominent street frontage and landmark visibility in downtown Monroe.; 7,721 sq ft currently occupied by two tenants.; Downtown location near the courthouse, government offices, local businesses, and civic anchors.
(704) 283-8181 Call to check price and availability
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