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Former Bank Building with Vault
New
For Sale
$760,000

114 Westgate Plz, Franklin, NC 28734

Interior includes a spacious lobby, four offices, a breakroom and two bathrooms.

Property Size2,324 SF
Price / SF$327.02
Days on Market2

Property Features for 114 Westgate Plz

General Information

Standard status Active
Size 2,324 SF
Property subtype Commercial

Additional Details

Anchor Co-Tenants Harbor Freight, Save-Mor, Burger King, Goodwill

Taxes and HOA fees

Annual Taxes $5,151

Building Details

Building Size 2,324 SF
Year Built 1989
Buildings 1
Listing Agency: RE/MAX
Listed By: Marty Kimsey · License #53843
Source: Martykimsey
Added: Oct 29 Last Checked: Oct 29 at 2:44PM

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 RE/MAX

Rey
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Investment Insights

Based on property information with market context.

This 2,324-square-foot former bank building in Franklin, North Carolina, was built in 1989. The interior includes a large lobby, a vault with lockboxes, four offices, a breakroom and two bathrooms. A seller-imposed restriction bars bank use for an additional three years; other restrictions are referenced in the deeds.

The property is in a shopping center with Harbor Freight, Save-Mor, Burger King and Goodwill. Lowe’s, Ingles, McDonald’s, Shoney’s and other retailers and restaurants are minutes away, with US 441, a major Franklin thoroughfare, also nearby.

Key Highlights

  • 2,324‑square‑foot former bank building
  • Vault with lockboxes, large lobby, four offices, breakroom and two bathrooms
  • Built in 1989

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

First Citizens Bank Bank

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store Garden Center Grocery & Convenience Store Bakery

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

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 42% Superstores 23% Dining 15% Shops & Services 13%
Lowe's Home Improvements & Furnishings
25,659 visits/mo 0.3 miles
Big Lots Superstores
18,752 visits/mo 0.5 miles
Burger King Dining
12,266 visits/mo 0.1 miles
Harbor Freight Tools Home Improvements & Furnishings
8,329 visits/mo 0.2 miles
Marathon Shops & Services
8,101 visits/mo 0.4 miles

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
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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

Frequently Asked Questions

What type of property is this?
Bank - Interior includes a spacious lobby, four offices, a breakroom and two bathrooms.
Where is this bank located?
The property is located at 114 Westgate Plz Franklin, NC.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 2,324‑square‑foot former bank building; Vault with lockboxes, large lobby, four offices, breakroom and two bathrooms; Built in 1989
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