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    1038 15Th St Franklin, PA 16323

    For Lease
    Contact for pricing

    1-Story Warehouse, Excellent Condition, Ample Parking

    Lot size:
    12,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 12,350-square-foot industrial warehouse, located at 1038 15th Street in Franklin, Pennsylvania, presents a unique investment opportunity. Classified as a Class B property, this single-tenant building boasts a flexible design suitable for warehouse, distribution, or flex space uses, as reflected in its B-1 zoning. Constructed in 1966, the building is surprisingly well-maintained and features radiant heat, energy-efficient LED lighting, and superior insulation, contributing to significant operational cost savings. The property offers more than adequate parking for employees and clients. Access is facilitated by conveniently located overhead doors. The building's impressive 597-foot frontage provides excellent visibility and accessibility. The building's history as a former armory speaks to its robust construction and enduring quality. A security deposit will be determined upon negotiation. The property's CO-INDEX is 26,007-003-000. This is a must-see property for discerning investors seeking a well-maintained, functional industrial space in a prime Franklin location. The property is situated on a single story, offering ease of access and efficient workflow.

    Property Features for 1038 15Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,350 SF
    Class
    B

    Building Details

    Year Built
    1966
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    12,350 SF

    HighLights

    • 12,350‑square‑foot Class B industrial warehouse in Franklin, PA.
    • Single‑tenant building with flexible design suitable for warehouse, distribution, or flex space uses (B‑1 zoning).
    • Well‑maintained with radiant heat, LED lighting, and superior insulation.
    • Ample parking and convenient overhead doors.
    • 597‑foot frontage for excellent visibility and accessibility.
    • Located at 1038 15th Street, Franklin, PA; CO‑INDEX 26,07‑003‑000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Venango
    State
    Pennsylvania
    Longitude
    -79.8466117
    Latitude
    41.387641

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    FAQs

    What type of property is this?
    Flex space - 1-Story Warehouse, Excellent Condition, Ample Parking
    Where is this flex space located?
    The property is located at 1038 15Th St Franklin, PA.
    What are key features of this property?
    This property features: 12,350-square-foot Class B industrial warehouse in Franklin, PA.; Single-tenant building with flexible design suitable for warehouse, distribution, or flex space uses (B-1 zoning).; Well-maintained with radiant heat, LED lighting, and superior insulation.
    Request Owner's contact information
    1038 15Th St Franklin, PA 16323
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    Franklin, PA 16323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038 15Th St Franklin, PA 16323
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