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Property profile & analytics
OFF-MARKET
Commercial real estate

201 2nd St Franklin, OH 45005-2204

7,303 SF 1.19 ac lot Built 1931
Entity Owned ~ Est. High Equity
Property ID
US66-0618021
Property summary
AI-generated overview

This exceptional 14,606 square foot mixed-use building, located at 201 E 2nd St in Franklin, Ohio, presents a prime redevelopment opportunity. Situated on a 0.72-acre lot in a C-2 Business zone, this two-story building offers high visibility on State Route 73, the gateway to downtown Franklin. The property's versatile layout is suitable for a wide range of commercial ventures, from retail spaces and professional offices to cafes and other businesses. Large windows provide ample natural light, creating an inviting atmosphere. The building benefits from abundant dedicated parking, enhancing convenience and functionality. This location offers high traffic and excellent exposure, making it ideal for businesses seeking maximum visibility. The asking price is $399,900, translating to $27.38 per square foot. The seller will consider a lease option. This is a unique chance to establish or expand a business within Franklin's thriving community. Don't miss this opportunity to secure a prime location and elevate your business to new heights. The property's history includes previous uses as a religious institution and school.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Construction BRICK
Total area 7,303 SF
Lot 1.19 ac (51,684 SF)
APN 04-32-455-016-0
UPID US66-0618021
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • islamic center Mosque
  • Sorrell Carpet & Flooring Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Franklin Atrium LLC
Franklin Atrium LLC
since 2025
Last sale
$215,710
7 recorded transactions
2025
$215,710
2022
$379,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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