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Office Building with Kitchenette
New
For Lease
$2,200/Mo

2048 N Morton St, Franklin, IN 46131

Vacant commercial space features refreshed finishes, on-site parking, and immediate possession in a mixed-use commercial setting.

Space Size2,448 SF
Lot Size0.68 Acres
Days on Market6

Property Features for 2048 N Morton St

General Information

Standard status Active
Size 2,448 SF
Net Rentable 2,448 SF
Total Parking Spaces 10
Lot size 0.68 Acres
Zoning Mixed Use Commercial

Space & Availability

Available Space 2,448 SF
Contiguous Space 2,448 SF
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes

Amenities

kitchenette
washer & dryer

Building Details

Year Built 1970
Building Size 2,448 SF
Listing Agency: Smythe & Co, Inc
Listed By: Austin Smythe
Source: Megandusing
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 28 at 7:10PM

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 Smythe & Co, Inc

Investment Insights

Based on property information with market context.

This 2448-square-foot office building offers a practical commercial layout on a .68-acre lot. The vacant property has recently received paint, flooring, fixtures, a kitchenette, and a washer and dryer, providing a refreshed interior for a new occupant. Built in 1970, the building includes 10 parking spaces and is available for immediate possession.

The property is located at 2048 N Morton St in Franklin, directly behind Steak & Shake and Crane Bank, with access directly off US 31. Mixed Use Commercial zoning supports a range of proposed business uses, subject to applicable zoning requirements.

Key Highlights

  • 2448‑square‑foot office building on a .68‑acre lot
  • Mixed Use Commercial zoning
  • 10 parking spaces

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring 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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

398
Businesses Nearby

Demographics for 46131, IN

32,869
Population
13,151
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
92%
High-School Grad
126.0 sq mi
ZIP Area
261
Density / Sq Mi
$81,914
Median Household Income
$44,797
Median Earnings
$1,114
Median Rent
$227,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Vacant commercial space features refreshed finishes, on-site parking, and immediate possession in a mixed-use commercial setting.
Where is this office building located?
The property is located at 2048 N Morton St Franklin, IN.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: 2448‑square‑foot office building on a .68‑acre lot; Mixed Use Commercial zoning; 10 parking spaces
More about this property
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