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Ground-Floor Retail Space
For Lease
$900-$1,100/Mo

103 E Franklin Street, Warrenton, NC 27589

Commercial Lease, Warrenton, NC

Space Size1,238 SF
Days on Market50

Property Features for 103 E Franklin Street

General Information

Property type Commercial Lease
Property subtype Office
Standard status Active
Size 1,238 SF

Taxes and HOA fees

Tax Description This is a rental. You don't need this info.
Legal Description This is a rental. You don't need this info.

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 1910
Flooring type Concrete
Building materials Brick, Brick Veneer
Listing Agency: Ninja Realty
Listed By: James Hutson · License #259143
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 31 at 10:06PM
MLS# 10179907

Copyright © 2026 Doorify MLS. 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.

Renovated ground-level commercial space for lease at 103 E Franklin Street in Warrenton, NC. The unit is part of a set of three lease spaces and is located directly beneath 22 brand-new apartments. The property is zoned C-1 and is presented as a versatile storefront/office-type configuration suitable for a range of commercial uses.

The building sits on the main strip in Historic Downtown Warrenton, with leasing information noting that the lease includes an additional monthly fee to cover the unit’s proportionate share of property taxes and insurance. Additional leasing detail in the listing indicates the corner unit at 101 E Franklin is offered at a different rate, while 103 E Franklin is listed at $900 per month.

For more information or to schedule a tour, contact the listing team for availability and lease terms.

Key Highlights

  • Ground‑level commercial unit in Historic Downtown Warrenton, directly beneath newly built apartments
  • 3 renovated commercial units offered for lease; unit size listed as 1,238 SF
  • 103 E Franklin unit rent is $900 per month; lease includes an additional monthly fee for proportionate share of property taxes and insurance

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Furniture & Home Goods Kitchen & Bath Showroom 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 27589, NC

6,927
Population
3,586
Households
1.9
Avg Household Size
48
Median Age
16%
College-Educated
85%
High-School Grad
169.5 sq mi
ZIP Area
41
Density / Sq Mi
$43,878
Median Household Income
$26,437
Median Earnings
$830
Median Rent
$99,700
Median Home Value

Market

Lease Benchmarks for Warrenton, NC

$15.09 /SF/Yr
Avg Asking Price
$8.72–$28.23 /SF/Yr
Price Range
2,141 SF
Avg Space Size

This space is priced 36% below the average of $15.09 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Renovated, ground-level commercial unit zoned C-1 and located on the main strip in Historic Downtown Warrenton.
Where is this office units located?
The property is located at 103 E Franklin Street Warrenton, NC.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Ground‑level commercial unit in Historic Downtown Warrenton, directly beneath newly built apartments; 3 renovated commercial units offered for lease; unit size listed as 1,238 SF; 103 E Franklin unit rent is $900 per month; lease includes an additional monthly fee for proportionate share of property taxes and insurance
More about this property
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