449 Hurricane St Franklin, IN 46131-1801
This 2,286 square foot retail property, situated on a 0.07-acre lot at 449 Hurricane Street in Franklin, Indiana, presents a unique investment opportunity. Its prime location offers exceptional visibility and accessibility from both Jefferson and Hurricane Streets, ensuring high foot traffic and customer convenience. The spacious interior layout is adaptable to a wide range of business uses, making it ideal for a grocery store or any small business seeking a turnkey solution. The existing setup allows for customization and expansion to meet specific business needs. A significant advantage is the inclusion of a charming studio apartment located upstairs. This versatile space offers multiple possibilities, including on-site living for the owner or manager, or the potential to generate additional rental income. The combination of prime commercial space and a residential unit creates a compelling investment opportunity in Franklin's thriving market. The property's location on Hurricane Street provides easy access for both customers and the owner, enhancing its overall appeal and practicality. This property is priced at $300,000.
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.