Three-Story Retail Space with Flexible
For Sale
$749,000
153 E Palmer St, Franklin, NC 28734
COMMERCIAL - Franklin, NC
Property Size6,850 SF
Lot Size0.49 Acres
Price / SF$109.34
Days on Market99
Property Features for 153 E Palmer St
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
On Street
Lot features
City, City Lot
Directions
From West Main Street, turn LEFT on Porter Street (at Lazy Hiker), next LEFT on E Palmer Street, the building is on your RIGHT at 153 E. Palmer Street
Subdivision
Franklin
Standard status
Active
APN
6594191486
Size
6,850 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
4362
Utilities
Utilities
Water Available
Heating system
Propane (Heating)
Building Details
Year built
1948
Floors in Building
3
Flooring type
Carpet, Hardwood, Concrete
Building materials
Masonry
Roof type
Wood
Listing Agency:
Realty One Group Vibe
(828) 370-8423
Listed By:
Thomas Evan Harrell · License #280365
(828) 371-5103
Added: May 14
Changed: Aug 4
Last Checked: Aug 20 at 10:06PM
MLS# 26047250
Copyright © 2026 Carolina Smokies Association of Realtors. 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.
A three-story retail space at 153 E Palmer St in Franklin, NC offering flexible options for remaining as one large retail user or being divided into multiple retail or office spaces with minimal work. The main level includes two large adjoining retail spaces with multiple entrances for access. Upstairs features 10 separate rooms that can function as offices, meeting rooms, conference space, or other creative work areas. The lower level has a large open room with access to the fenced rear yard, plus a storage building with four bays for added storage or workspace.
The property sits on a 0.49-acre lot and includes approximately 6,850 square feet of space. The building was constructed in 1948 with masonry construction and a wood roof. Flooring includes concrete, carpet, and hardwood, and heating is provided by propane. Parking is available on-street, and water service is available.
Current leases have been renewed through May 2027. An NCDOT 2024 traffic survey reports annual average daily traffic of 5,637. This offering is for real property only; no business is included.
The property sits on a 0.49-acre lot and includes approximately 6,850 square feet of space. The building was constructed in 1948 with masonry construction and a wood roof. Flooring includes concrete, carpet, and hardwood, and heating is provided by propane. Parking is available on-street, and water service is available.
Current leases have been renewed through May 2027. An NCDOT 2024 traffic survey reports annual average daily traffic of 5,637. This offering is for real property only; no business is included.
Key Highlights
- Leases renewed through May 2027 for added stability
- Three‑story retail building can remain one space or be separated into multiple retail or office spaces
- Upstairs includes 10 separate rooms for office, meeting, conference, or creative uses
Property Analytics
Property Profile
Current Use
Lease Details
5,637 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Three-story retail building with upper-room office potential, fenced rear yard, and a storage building with four bays.
Where is this retail space located?
The property is located at 153 E Palmer St Franklin, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Leases renewed through May 2027 for added stability; Three‑story retail building can remain one space or be separated into multiple retail or office spaces; Upstairs includes 10 separate rooms for office, meeting, conference, or creative uses
