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Renovated Mixed-Use Storefront
For Sale
$195,000

206 N Main St, Franklin, VA 23851

Two-level commercial property combines a customer-facing shop with an upstairs apartment and flexible live-work functionality.

Property SizeContact for details
Days on Market116

Property Features for 206 N Main St

General Information

Standard status Active
Zoning B2

Taxes and HOA fees

Annual Taxes $997

Amenities

full kitchen in the apartment
additional kitchenette within the storefront space
1.5 baths

Building Details

Year Renovated 2020
Buildings 1
Listing Agency: Realty Source
Listed By: Rachel Lewis
Source: Exprealty
Added: May 8 Changed: Aug 31 Last Checked: Aug 31 at 2:11AM

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 Source

Investment Insights

Based on property information with market context.

This mixed-use building pairs a ground-floor retail storefront with an apartment above, creating a practical configuration for an owner-occupant or separate commercial and residential use. The apartment includes a full kitchen, while the storefront has an additional kitchenette and the property contains 1.5 baths. Renovation work was completed in 2020.

Located at 206 N Main St in Downtown Franklin, the property sits among retail stores, restaurants, and professional services. The storefront most recently operated as a retail shop for three years and was previously used as an insurance office. B2 zoning supports the property's commercial positioning and live-work configuration.

Key Highlights

  • Ground‑floor storefront with an apartment above
  • Renovated in 2020
  • Apartment includes a full kitchen

Property Analytics

Current Use

Jester Office Insurance Agency AJ Southern Insurance ... Insurance Agency The Busy Bee by ... Clothing & Fashion Store

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store HVAC Service

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

424
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level commercial property combines a customer-facing shop with an upstairs apartment and flexible live-work functionality.
Where is this mixed-use property located?
The property is located at 206 N Main St Franklin, VA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Ground‑floor storefront with an apartment above; Renovated in 2020; Apartment includes a full kitchen
More about this property
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