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Two-Street Retail Space
For Sale
$349,500

115 E 2nd Avenue, Franklin, VA 23851

Commercial/Industrial, Franklin, VA

Property Size22,154 SF
Lot Size0.27 Acres
Price / SF$15.78
Days on Market224

Property Features for 115 E 2nd Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Subdivision ALL OTHERS AREA 67
Standard status Active
Size 22,154 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Annual Amount 2817

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Amenities

extra open space upstairs

Building Details

Year built 1952
Roof type Metal
Listing Agency: Family First Realty Inc
Listed By: Christine Hill
Added: Feb 13 Changed: Sep 1 Last Checked: Sep 25 at 8:06AM
MLS# 10620100

Copyright © 2026 Real Estate Information Network, Inc. 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 retail property contains 22,154 square feet within a warehouse-style building constructed in 1952. The layout includes storefront areas along two streets, an open upper level, and space currently configured for booth-based flea market operations. Approximately 85% of the booths are at capacity, with additional booth demand noted in the property information.

The property is located at 115 E 2nd Avenue in Franklin, Virginia, with B2 zoning. Building systems include heat-pump heating and cooling, and the roof is metal. The upper-level area provides additional space within the existing structure for future leasing or expansion, subject to applicable approvals and planning.

Key Highlights

  • 22,154 square feet of retail and warehouse space
  • Storefront presence on two streets, including E 2nd Avenue
  • B2 zoning

Property Analytics

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Current Use

Scott & Associates Inc ... Real Estate Agency Family Therapeutic Services Counselor Elite Home Health ... Home Health Care Service Guiding Young Girls Social Service Agency Western Tidewater Appraisals Real Estate Agency

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store HVAC 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Large retail facility with storefront access from two streets and additional open area on the upper level.
Where is this retail space located?
The property is located at 115 E 2nd Avenue 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 feet of retail and warehouse space; Storefront presence on two streets, including E 2nd Avenue; B2 zoning
More about this property
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