Two-Street Shopping
New
For Sale
$349,500
115 E 2nd AVE, Franklin, VA 23851
Storefronts face two streets, and an open upper level adds space to the property's configuration.
Property Size22,154 SF
Price / SF$15.78
Days on Market6
Property Features for 115 E 2nd AVE
General Information
Standard status
Active
Size
22,154 SF
Property subtype
Commercial Building
Property Condition
Severity
Repairs Needed
Evidence
WITH A LITTLE LOVE, A FEW MORE TOUCH UPS
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Road Access
Yes
Property Use
Warehouse
Amenities
Lot Size Acres: 0.27
Metal Roof
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Has Central AC: 1
Pump Heating
Sale, Sale Type: Foreclosure, Availability Date: 2026-10-22
2 Stories, Built in 1952
Property Zone Type: 200, Above Area Square Feet: 22154, Street View, City View
Water Source: Municipal
Construction Type: Masonry - Brick
Brick Siding
Building Details
Year Built
1952
Buildings
1
Tenancy
Multi
Listing Agency:
Family First Realty Inc.
Listed By:
Christine Hill
(757) 304-5101
Source:
Doyle-realty
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 26 at 3:00PM
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 Family First Realty Inc.
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Investment Insights
Based on property information with market context.
This shopping center at 115 E 2nd Ave includes 22,154 square feet and was built in 1952. Storefronts face two streets, and open space is available on the upper level. The property currently operates with flea market booths, more than 85% of which are at capacity.
Key Highlights
- 22,154‑square‑foot shopping center
- Storefronts face two streets
- Open space on the upper level
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23851, VA
13,258
Population
6,063
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
108.7 sq mi
ZIP Area
122
Density / Sq Mi
$73,333
Median Household Income
$42,841
Median Earnings
$1,006
Median Rent
$222,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Shopping center - Storefronts face two streets, and an open upper level adds space to the property's configuration.
Where is this shopping center located?
The property is located at 115 E 2nd AVE Franklin, VA.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 22,154‑square‑foot shopping center; Storefronts face two streets; Open space on the upper level
