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Historic Two-Story Office Building
New
For Sale
$1,500,000

228 E Palmer St, Franklin, NC 28734

Furnished, split-level workspace includes elevator access and multiple conference rooms.

Property Size30,653 SF
Price / SF$61.04
Days on Market6

Property Features for 228 E Palmer St

General Information

Standard status Active
Size 30,653 SF
Elevators Yes

Additional Details

Furnished Yes

Amenities

multiple lobbies
conference rooms
kitchenettes
water fountains
original refinished hardwood floors
abundant storage

Building Details

Year Built 1909
Buildings 1
Stories 2
Building Size 30,653 SF
Tenancy Multi
Abandoned No
Listing Agency: Keller Williams Professionals
Listed By: Jake Mossman · License #325658
Source: Lewisandkirk
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 30 at 5:20PM

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 Keller Williams Professionals

Investment Insights

Based on property information with market context.

Built in 1909, this two-story office property combines 24,574 sq ft of finished heated space with a 6,079 sq ft unfinished basement. The main building at 228 E Palmer provides 20,122 sq ft of furnished, split-level workspace with glass-front offices, conference rooms, kitchenettes, storage, original refinished hardwood floors, 12 bathrooms, and elevator service. A separate 1,434 sq ft suite at 208 E Palmer has a private portico-style entrance.

The property also includes 226 and 224 E Palmer, which total 3,018 sq ft and are leased to tenants. Building systems include 13 HVAC units, extensive wiring, and a diesel generator with a double-walled 250-gallon tank. The property is adjacent to a city parking lot, providing access for staff and visitors.

Key Highlights

  • 24,574 sq ft of finished heated space plus 6,079 sq ft unfinished basement
  • 20,122 sq ft main building at 228 E Palmer with furnished split‑level workspace
  • Additional 1,434 sq ft suite at 208 E Palmer with private entrance

Property Analytics

Current Use

Office buildings

Suggested Use

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

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

963
Businesses Nearby

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

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?
Office building - Furnished, split-level workspace includes elevator access and multiple conference rooms.
Where is this office building located?
The property is located at 228 E Palmer St Franklin, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 24,574 sq ft of finished heated space plus 6,079 sq ft unfinished basement; 20,122 sq ft main building at 228 E Palmer with furnished split‑level workspace; Additional 1,434 sq ft suite at 208 E Palmer with private entrance
More about this property
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