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Three-Story Mixed-Use Building
For Sale
$699,000

153 E Palmer St, Franklin, NC 28734

Three levels accommodate adjoining retail areas, ten upper-floor rooms, and an open lower-level space.

Property Size6,850 SF
Price / SF$102.04
Days on Market30
Rey
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Property Features for 153 E Palmer St

General Information

Standard status Active
Size 6,850 SF
Property subtype Commercial

Additional Details

Traffic Count 5,637 vehicles/day

Amenities

fenced rear yard

Building Details

Year Built 1948
Stories 3
Tenancy Multi
Listing Agency: Realty One Group Vibe
Listed By: Thomas Evan Harrell 8283708423 · License #280365
Source: Realestateinthemountainsnc
Added: Sep 16 Changed: Oct 15 Last Checked: Oct 15 at 2:14AM

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 Realty One Group Vibe

Investment Insights

Based on property information with market context.

This 6,850-square-foot mixed-use building dates to 1948 and spans three floors. The main level contains two connected retail areas, while ten separate rooms upstairs offer a range of office, meeting, or workroom configurations. Multiple entrances support the building’s flexible layout. A large open room on the lower level connects to a fenced rear yard, and a separate storage building provides four bays.

Existing leases have been renewed through May 2027. The NCDOT’s 2024 traffic survey recorded an annual average daily traffic count of 5,637. The offering covers the real property only; no business is included.

Key Highlights

  • 6,850‑square‑foot, three‑story building constructed in 1948
  • Two adjoining retail areas on the main floor
  • Ten separate rooms on the upper level

Property Analytics

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Current Use

Nestfeathers Antiques Home Decor Store

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Florist Pet Store

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

5,637 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Groceries 26% Home Improvements & Furnishings 14% Dining 11%
Ingles Groceries
11,013 visits/mo 0.3 miles
Dollar General Shops & Services
6,263 visits/mo 0.3 miles
Appalachian Ace Hardware Home Improvements & Furnishings
5,709 visits/mo 0.2 miles
Wells Fargo Shops & Services
5,189 visits/mo 0.1 miles
Domino's Pizza Dining
4,809 visits/mo 0.5 miles

Demographics for 28734, NC

29,284
Population
18,472
Households
1.6
Avg Household Size
49
Median Age
21%
College-Educated
90%
High-School Grad
301.0 sq mi
ZIP Area
97
Density / Sq Mi
$50,221
Median Household Income
$35,913
Median Earnings
$779
Median Rent
$203,700
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three levels accommodate adjoining retail areas, ten upper-floor rooms, and an open lower-level space.
Where is this mixed-use property located?
The property is located at 153 E Palmer St Franklin, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 6,850‑square‑foot, three‑story building constructed in 1948; Two adjoining retail areas on the main floor; Ten separate rooms on the upper level
More about this property
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