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Property profile & analytics

103 N Main St Franklin, VA 23851

  • Commercial real estate
  • 3,200 SF
  • 0.05 lot acres
Value Estimation
Last Sale
Oct 25, 2024
Location Intelligence
Property ID
US87-1399467
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 103 N Main St

Year built
1882
Lot size
0.05 lot acres
Property size
3,200 SF
Zone code
B2A
Property type
Commercial real estate
APN
107 04821 5B
APU
107048215B

Description

This exceptional retail storefront, located at 103 N Main Street in the heart of Franklin, VA, presents a unique opportunity for business owners seeking high visibility and strong foot traffic. Situated on a 0.05-acre lot, this property benefits from its central downtown location amongst a diverse mix of thriving retail stores, restaurants, and professional services. The B2 zoning allows for a wide variety of business uses, providing flexibility for potential tenants. A key advantage is its position directly across from a public parking area, ensuring convenient access for customers. This prime location also places your business at the center of numerous public events and festivals held throughout the year, guaranteeing significant exposure to a large and engaged community. The property's strategic placement ensures maximum visibility and accessibility, making it an ideal location for a business seeking to thrive in a vibrant and growing downtown area. The asking price is $8 million. This is a rare opportunity to establish a presence in the bustling commercial center of Franklin, VA. Don't miss out on this chance to become part of a thriving and dynamic business community.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Franklin
County
Franklin City
State
Virginia
Longitude
-76.9225
Latitude
36.6772
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$863
$25,300
$56,400
$81,700
-
$25,300
$56,400
$81,700
More about this property
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