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Two-Story Office Building with Courtyard
New
For Sale
$2,000,000

235 E Palmer St, Franklin, NC 28734

Commercial Sale, Franklin, NC

Property Size20,304 SF
Lot Size0.49 Acres
Price / SF$98.50
Days on Market4

Property Features for 235 E Palmer St

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Lot features Interior Lot, City, Open Lot, City Lot
Directions From Main St in Franklin, NC turn left at the first traffic light onto Phillips St go to the first traffic light on Phillips St and turn left on E. Palmer. The building is on the right beside Macon Printing. 235 E. Palmer St.
Subdivision Franklin
Standard status Active
APN 6594196519
Size 20,304 SF
Lot size 0.49 Acres

Taxes and HOA fees

Tax Annual Amount 10766

Utilities

Utilities Water Available
Heating system Electric (Heating), Heat Pump (Heating), Forced Air
Cooling system Heat Pump, Electric, Central Air

Amenities

courtyard

Building Details

Year built 1956
Floors in Building 2
Flooring type Tile - Ceramic, Hardwood, Tile, Carpet
Building materials Block, Concrete, Masonry, Stucco
Roof type Composition, Shingle
Listing Agency: Keller Williams Realty of Franklin
Listed By: Evelyn S. Owens · License #228116
Added: Oct 12 Last Checked: Oct 15 at 1:06AM
MLS# 26048719

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.

The 20,304-square-foot office building has a U-shaped, two-story layout organized around a courtyard. The main level includes reception areas, six private offices, a conference room, open office space, a kitchenette, and two restrooms. The lower level has a separate entrance, a data center, a full kitchen, waiting area, four private offices, additional open work areas, a conference area, and a third restroom. An adjoining 0.09-acre parcel conveys with the property; the main site is 0.49 acres. The building dates to 1956 and includes eight private parking spaces, with public parking across the street.

Restaurants, the courthouse, attorney offices, banks, shopping, and a dog park are within walking distance. The local high school is less than a quarter mile away, and downtown hosts festivals and community events throughout the year.

Key Highlights

  • 20,304‑square‑foot office building on a 0.49‑acre site
  • U‑shaped, two‑story design with a central courtyard
  • Main level includes six private offices and two restrooms

Property Analytics

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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

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A flexible office layout includes private offices, open work areas, conference rooms, and separate entrances on both levels.
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 on a 0.49‑acre site; U‑shaped, two‑story design with a central courtyard; Main level includes six private offices and two restrooms
More about this property
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