Property profile

482 Depot St Franklin, NC 28734

OFF-MARKET
Retail space
Property ID
US53-2081341
3,000 SF 2.23 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving custom framing and retail business in Franklin, NC. Operating successfully for over 30 years, this enterprise boasts a stellar reputation for quality craftsmanship and personalized service. Situated in a high-traffic location, the business benefits from a loyal clientele and strong relationships with local artists, collectors, and businesses. The diverse service offerings include custom framing, art restoration, and a curated selection of home dГ©cor, artwork, and gifts, ensuring a steady revenue stream. Financial records will be made available to qualified buyers upon request. The current lease on the 3,000 square foot building is $1,600 per month, providing a stable and cost-effective operating environment. This turnkey operation is ideal for an experienced entrepreneur seeking a well-established business with significant growth potential. The sale includes only the business assets

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Total area 3,000 SF
Lot 2.23 ac (97,139 SF)
Zoning code FC2
APN 6594396765
UPID US53-2081341

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

482 Depot St Franklin, NC 28734-3096
Franklin metro Census 970304
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Zoning & alternative use

FC2 · Franklin, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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