Downtown Retail
For Sale
$699,333
115 E 2nd Avenue, Franklin, VA 23851
COMMERCIAL - Franklin, VA
Property Size22,154 SF
Lot Size0.27 Acres
Price / SF$31.57
Days on Market179
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
Building Details
Year built
1952
Roof type
Metal
Listing Agency:
Family First Realty Inc
(757) 304-5101
Listed By:
Christine Hill
(757) 718-3925
Added: Feb 13
Changed: Aug 4
Last Checked: Aug 11 at 8:06PM
MLS# 10620100
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Investment Insights
Based on property information with market context.
This 22,154-square-foot retail property, built in 1952, combines storefront areas with a substantial warehouse layout. The building includes additional open space upstairs and is equipped with a metal roof, heat-pump heating, and heat-pump cooling. The 0.265-acre site is zoned B2.
Storefront exposure extends along two streets, including E 2nd Avenue in Franklin. The property is positioned on a primary gateway through the city and is suited to downtown event activity. Existing interior booth occupancy exceeds 85%, with further booth activity noted in the property information.
The building’s retail and warehouse configuration, upper-level area, and 22,154 square feet provide a range of established commercial space within the Franklin market.
Storefront exposure extends along two streets, including E 2nd Avenue in Franklin. The property is positioned on a primary gateway through the city and is suited to downtown event activity. Existing interior booth occupancy exceeds 85%, with further booth activity noted in the property information.
The building’s retail and warehouse configuration, upper-level area, and 22,154 square feet provide a range of established commercial space within the Franklin market.
Key Highlights
- 22,154‑square‑foot retail and warehouse building
- 0.265‑acre B2‑zoned commercial site
- Storefront exposure on two streets
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - B2-zoned commercial property with storefront exposure on two streets and additional upper-level space.
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 $699,333.
What are key features of this property?
This property features: 22,154‑square‑foot retail and warehouse building; 0.265‑acre B2‑zoned commercial site; Storefront exposure on two streets
