Mixed-Use Building with
New
For Sale
$399,000
1403 South St, Franklin, VA 23851
An upstairs apartment sits above two storefronts, with one commercial space currently vacant.
Property Size6,650 SF
Price / SF$60
Days on Market2
Property Features for 1403 South St
General Information
Standard status
Active
Size
6,650 SF
Property subtype
Commercial/Industrial
Zoning
B1
Financials
Gross Income
$32,400
Average Monthly Rent
$1,500
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Mixed-Use Components
residential, retail
Tenant in Place
Yes
Amenities
washer/dryer hookup
Building Details
Building Size
6,650 SF
Year Built
1952
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Hogge Real Estate Inc
Listed By:
Wendy Hogge · License #0225104842
(804) 815-2355
Source:
Hoggerealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:39AM
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 Hogge Real Estate Inc
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Investment Insights
Based on property information with market context.
This B1-zoned mixed-use building combines an upstairs three-bedroom apartment with two ground-floor storefronts. The apartment includes a bathroom, living room, den, kitchen, and access to a downstairs washer and dryer hookup. One storefront is occupied, while the other is vacant. The building has been renovated, with new heating and cooling systems throughout.
Built in 1952, the property is in Franklin, near shopping, restaurants, and Walmart.
Built in 1952, the property is in Franklin, near shopping, restaurants, and Walmart.
Key Highlights
- Upstairs apartment has 3 bedrooms, a bathroom, living room, den, and kitchen
- Two ground‑floor storefronts: one occupied and one vacant
- New heating and cooling systems throughout
Property Analytics
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Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Home Improvements & Furnishings 20%
Blake Ford
Shops & Services
1,313 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
334 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An upstairs apartment sits above two storefronts, with one commercial space currently vacant.
Where is this mixed-use property located?
The property is located at 1403 South St Franklin, VA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Upstairs apartment has 3 bedrooms, a bathroom, living room, den, and kitchen; Two ground‑floor storefronts: one occupied and one vacant; New heating and cooling systems throughout
