140 Riv St Franklin, OH 45005-2238
Prime Franklin location, 2,233 sq ft, 0.646 acres, high traffic count, part of revitalization project, owner retiring. This single-story, 1961-built commercial garage offers a unique opportunity for an automotive business. The property boasts a spacious workshop, retail area, and office, all within a well-known and established cycle shop. Situated on a 0.646-acre lot on River Street in Franklin, Ohio, this property benefits from high visibility and significant daily traffic (1,444 vehicles on average, per ODOT 2022 surveys). Its inclusion in the Downtown Franklin Revitalization Project signals ongoing growth and development in the surrounding area. The property's proximity to the Great Miami River adds to its appeal, with new businesses, homes, restaurants, parks, and living spaces being developed nearby. The current owner's retirement creates a rare chance to acquire a turnkey operation in a thriving location. The asking price is $500,000, with a price per square foot of $223.91. The permitted zoning is Commercial Garage. This presents a compelling investment opportunity for entrepreneurs seeking to establish or expand their automotive ventures in a vibrant and growing community.
-
O D's Cycle Shop Auto Repair Shop Motorcycle Shop
-
Bandidos de sabor Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.