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    218 Cincinnati St Franklin, IN 46131

    For Sale
    $450,000

    Downtown Franklin, 5000+ sq ft warehouse

    Property size:
    5,038 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 5,038 square foot industrial property, situated on a 0.32-acre lot in downtown Franklin, Indiana, presents a fantastic opportunity for a growing business. The building boasts ample office space, adaptable to a variety of business needs. Recent upgrades include a new HVAC system and hot water tank, ensuring efficient and comfortable operation. A modern bathroom is also included. The substantial warehouse area features two gas heaters, providing reliable warmth, and excellent lighting throughout. A large overhead door facilitates easy loading and unloading of goods. The current owner has invested in significant improvements, creating a well-maintained and functional space. With over 5,000 square feet of versatile space, this property is ideal for a wide range of businesses seeking a prominent downtown location. The combination of office and warehouse space, coupled with the recent upgrades, makes this an attractive and ready-to-occupy commercial property. Its central location in Franklin offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, upgraded industrial space in a thriving downtown area. The property is priced competitively at $450,000, reflecting its value and potential. Don't miss out on this chance to establish or expand your business in a prime Franklin location.

    Property Features for 218 Cincinnati St

    General Information

    Property type
    Industrial properties
    Square Feet
    5,038 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Johnson
    State
    Indiana
    Longitude
    -86.05267
    Latitude
    39.48593

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    FAQs

    What type of property is this?
    Industrial property - Downtown Franklin, 5000+ sq ft warehouse
    Where is this industrial property located?
    The property is located at 218 Cincinnati St Franklin, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    (317) 888-7333
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    218 Cincinnati St Franklin, IN 46131
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    Franklin, IN 46131
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 Cincinnati St Franklin, IN 46131
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