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Retail Space with Inventory
New
For Sale
$800,000

116 Council Dr, Franklin, VA 23851

Established retail operation offered with on-site inventory and a substantial commercial footprint.

Property Size7,080 SF
Price / SF$112.99
Days on Market3

Property Features for 116 Council Dr

General Information

Standard status Active
Size 7,080 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1999
Listing Agency: NextHome Mission to Serve
Listed By: Patriot Property Management
Source: 757patriotproperty
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 3:18PM

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 NextHome Mission to Serve

Investment Insights

Based on property information with market context.

This offering is for the business operating from a 7,080-square-foot retail space at 116 Council Dr. The property was built in 1999, providing an established commercial setting for the existing operation.

The sale includes the business and its inventory. Customers and employees are present during operations, so prospective parties should coordinate access and avoid unannounced visits.

Key Highlights

  • Business‑only sale includes inventory
  • 7,080‑square‑foot retail space
  • Built in 1999

Property Analytics

Current Use

Beauty Bank Hair Salon

Suggested Use

Top Pick Pharmacy Grocery & Convenience Store Dental Office Furniture & Home Goods Bakery Garden Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
4,063 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Established retail operation offered with on-site inventory and a substantial commercial footprint.
Where is this retail space located?
The property is located at 116 Council Dr Franklin, VA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Business‑only sale includes inventory; 7,080‑square‑foot retail space; Built in 1999
More about this property
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