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Office Building with Courtyard
For Sale
$2,000,000

235 E Palmer St, Franklin, NC 28734

Two levels offer private offices, open work areas, conference rooms, and separate access to the lower floor.

Property Size20,304 SF
Price / SF$98.50
Days on Market22

Property Features for 235 E Palmer St

General Information

Standard status Active
Size 20,304 SF
Total Parking Spaces 8
Property subtype Commercial

Additional Details

Road Access Yes
Property Use Office

Amenities

courtyard

Building Details

Year Built 1956
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Keller Williams Realty of Franklin
Listed By: Evelyn S. Owens · License #228116
Source: Evergreenwnc
Added: Oct 9 Changed: Oct 28 Last Checked: Oct 28 at 3:46PM

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 Realty of Franklin

Rey
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Investment Insights

Based on property information with market context.

This 20,304-square-foot office building, constructed in 1956, has a two-story U-shaped layout arranged around a courtyard. The main level includes two reception areas, six private offices, a conference room, restrooms, open work areas, cubicles, and a kitchenette. The lower level has a separate entrance and contains a data center, full kitchen, waiting area, private offices, open workspace, a conference area, and a restroom. An adjoining 0.09-acre parcel conveys with the property.

Eight private parking spaces are on site, with public parking across the street. Restaurants, the courthouse, attorney offices, banks, shopping, and a dog park are within walking distance. The high school is less than a quarter mile away.

Key Highlights

  • 20,304‑square‑foot office building built in 1956
  • Two‑story U‑shaped layout with a courtyard
  • Adjoining 0.09‑acre parcel conveys

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drake Enterprises Accounting Firm WNC Sports Zone Gym & Fitness Center Drake Software, LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Big Box & Wholesale Store Carpet & Flooring Store Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Dental Office

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,041
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - Two levels offer private offices, open work areas, conference rooms, and separate access to the lower floor.
Where is this office building located?
The property is located at 235 E Palmer St Franklin, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 20,304‑square‑foot office building built in 1956; Two‑story U‑shaped layout with a courtyard; Adjoining 0.09‑acre parcel conveys
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