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

153 E Palmer St, Franklin, NC 28734

Commercial Sale, Franklin, NC

Property Size6,850 SF
Lot Size0.49 Acres
Price / SF$102.04
Days on Market2

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, Concrete, Hardwood
Building materials Masonry
Roof type Wood
Listing Agency: Realty One Group Vibe
Listed By: Thomas Evan Harrell · License #280365
Added: Sep 30 Last Checked: Oct 1 at 9:06AM
MLS# 26048627

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.

This three-story masonry property contains 6,850 square feet on a 0.49-acre lot. The main floor has two adjoining retail areas, while the upper level is divided into 10 rooms suited to office, meeting, conference, or creative work functions. A large open room on the lower level connects to a fenced rear yard. A separate storage building with four bays adds enclosed storage or work area. Multiple entrances support separate occupancy, and the interior can remain configured as one retail space or be divided into smaller retail or office suites.

The existing leases have been renewed through May 2027. The property is offered as real estate only; no operating business is part of the sale. The 2024 NCDOT traffic survey recorded average daily traffic of 5,637 vehicles.

Key Highlights

  • 6,850‑square‑foot, three‑story masonry building
  • 0.49‑acre parcel with a fenced rear yard
  • Main level includes two adjoining retail spaces

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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible floor arrangements accommodate retail, office, meeting, and creative workspace uses.
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 masonry building; 0.49‑acre parcel with a fenced rear yard; Main level includes two adjoining retail spaces
More about this property
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