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Former Bank Building in Shopping Center
For Sale
$760,000

114 Westgate Plz, Franklin, NC 28734

COMMERCIAL - Franklin, NC

Property Size2,324 SF
Lot Size0.99 Acres
Price / SF$327.02
Days on Market90

Property Features for 114 Westgate Plz

General Information

Property type Commercial Sale
Property subtype Other
Zoning description FC3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Lot features Commercial Park, City, City Lot
Directions From Franklin, take Georgia Road (441-S) to right on Lowes access road, down the hill to 3-way stop, proceed forward past Burger King to next building, old First Citizens building at #114 Westgate Plaza.
Subdivision Franklin
Standard status Active
APN 6584540389
Size 2,324 SF
Lot size 0.99 Acres

Taxes and HOA fees

Tax Annual Amount 5151

Utilities

Utilities Water Available
Heating system Electric (Heating), Heat Pump (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1989
Floors in Building 1
Flooring type Tile, Tile - Ceramic, Carpet, Vinyl
Building materials Stucco
Roof type Slate
Listing Agency: RE/MAX Elite Realty · RE/MAX International
Listed By: Teresa R. Murray · License #65043
Added: Jun 4 Changed: Aug 4 Last Checked: Sep 1 at 1:06AM
MLS# 26047422

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 former First Citizen’s bank building offers a substantial indoor footprint with a large lobby area, vault with lockboxes, four offices, a breakroom, and two bathrooms. The building includes multiple interior finishes and is served by electric heat and central air cooling.

The property is part of a busy shopping center in Franklin, NC, with anchors including Harbor Freight, Save-Mor, Burger King, Goodwill, and it is just minutes from nearby retailers and restaurants. It also sits near 441 S, a major thoroughfare for Franklin, NC. A seller-imposed restriction prohibits bank use for an additional three years, and that restriction is referenced in the uploaded deeds.

Built in 1989, the structure features stucco construction and a slate roof, with a parking lot for arrivals. Water is available to the site.

Key Highlights

  • 0.99‑acre lot with 2,324 SF former First Citizen’s bank building
  • Large lobby area plus vault with lockboxes
  • Four offices, breakroom, and two bathrooms

Property Analytics

Current Use

First Citizens Bank Bank

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store Garden Center Grocery & Convenience Store Real Estate Agency

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former First Citizen’s bank building with a large lobby, vault, multiple offices, and parking lot in a Franklin shopping center.
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: 0.99‑acre lot with 2,324 SF former First Citizen’s bank building; Large lobby area plus vault with lockboxes; Four offices, breakroom, and two bathrooms
More about this property
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