201 2nd St Franklin, OH 45005-2204
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.
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islamic center Mosque
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Sorrell Carpet & Flooring Big Box & Wholesale Store
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.