Franklin, IN Retail Properties & Spaces for Sale

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Whiteland, IN Bargersville, IN Trafalgar, IN Greenwood, IN Edinburgh, IN Nineveh, IN Indianapolis, IN Martinsville, IN

Updated: May 5

Commercial Land with Retail Building

3480 S Us 31, Franklin, IN 46131

$299,000

3.00 AC lot

3‑acre commercially zoned property along U.S. Highway 31 in Franklin
Nearly 650 ft of frontage on US‑31 for strong visibility and easy access
Existing structure with approximately 1,900+ SF, previously used as retail space
Zoning supports multiple commercial applications, including auto repair and retail
Also listed for uses such as child care, with additional residential or office potential mentioned

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Updated: Jan 8, 2025

Business Opportunities for sale

4170 U.S. 31 South, Franklin, IN 46131

$1,150,000

139,392 sqft 3.20 AC lot

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22 Acre Mixed-Use Development

512 S U.S. 31, Franklin, IN 46131

Contact for pricing

22.00 AC lot

22-acre mixed-use development opportunity on US 31 in Franklin, IN.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Medical Office and Retail Building

1000 Us Highway 31 S, Greenwood, IN 46143

$2,350,000

1.53 AC lot

Combination medical office and retail space on a highly visible U.S. 31 corridor with ample parking and signage.

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Restored Mixed-Use Building For Sale

111 E Main Cross St, Edinburgh, IN 46124

$225,000

8,153 sqft

Edinburgh mixed-use building with retail and residential potential.

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Medical/Retail Space Near New Development

1000 Us Highway 31 S, Greenwood, IN 46143

$2,350,000

1.53 AC lot

Combination medical and retail space near Greenwood's new "The Madison".

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Historic Downtown Commercial Building For Sale

126 E Main Cross Street, Edinburgh, IN 46124

$149,900

Prime commercial building in historic downtown Edinburgh with living space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

R1 Zoned Commercial Land Site

W State Road 144, Bargersville, IN 46106

$1,100,550

7.59 AC lot

Multi-utility, improved lot with nearly 600 feet of frontage on Old Plank Road, positioned in Center Grove School.

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Roadside Business Development Land

7221 US 31 S, Edinburgh, IN 46124

$6,000,000

19.70 AC lot

19.7-acre roadside business site with 2,270 ft frontage and 13,551 VPD along US 31.

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Commercial Land with Highway Frontage

6516 N Us Highway 31, Whiteland, IN 46184

$695,000

5.55 AC lot

High-visibility highway frontage with utilities on site and a ready curb cut for commercial development.

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Greenwood Commercial Land For Sale

585 North Emerson Avenue, Greenwood, IN 46143

$799,000

4.06 AC lot

4.055 acre commercial parcel in active Greenwood corridor.

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Off-Market Properties in Franklin, IN

Consider similar Off-Market properties in Franklin, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RETAIL STORES (PERSONAL SERVICES)

249 Jefferson St, Franklin, IN 46131-2345

Value Estimation by Request

1,680 sqft 0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

4677 State Rd 135, Franklin, IN 46131-8377

Value Estimation by Request

2,688 sqft 0.39 AC lot

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RETAIL STORES (PERSONAL SERVICES)

500 Earlywood Dr, Franklin, IN 46131-9711

$3,190,000

Estimated value

29,826 sqft 1.61 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

440 Morton St, Franklin, IN 46131-1301

Value Estimation by Request

2,097 sqft 0.76 AC lot

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RETAIL STORES (PERSONAL SERVICES)

398 Jefferson St, Franklin, IN 46131-2327

Value Estimation by Request

3,884 sqft 0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

49 Main St, Franklin, IN 46131-2335

Value Estimation by Request

3,780 sqft 0.05 AC lot

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RESTAURANT

3955 Us Hwy 31, Franklin, IN 46131-8036

Value Estimation by Request

2,074 sqft 1.16 AC lot

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FINANCIAL BUILDING

2389 Morton St, Franklin, IN 46131-9629

Value Estimation by Request

5,113 sqft 1.25 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1599 Morton St, Franklin, IN 46131-1258

Value Estimation by Request

1,099 sqft 0.40 AC lot

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PARKING LOT

Hurricane St, Franklin, IN 46131

Value Estimation by Request

0.10 AC lot

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SHOPPING CENTER, STRIP CENTER

2797 Morton St, Franklin, IN 46131-9759

Value Estimation by Request

9,882 sqft 1.27 AC lot

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CONVENIENCE STORE

10 Morton St, Franklin, IN 46131-2139

Value Estimation by Request

1,935 sqft 0.25 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

2378 Morton St, Franklin, IN 46131-9737

$530,000

Estimated value

4,076 sqft 1.21 AC lot

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AUTO REPAIR, GARAGE

3099 Morton St, Franklin, IN 46131-9744

$1,405,000

Estimated value

20,650 sqft 5.24 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

480 Morton St, Franklin, IN 46131-1301

Value Estimation by Request

3,858 sqft 0.72 AC lot

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RETAIL STORES (PERSONAL SERVICES)

49 Ct St, Franklin, IN 46131-2303

$825,000

Estimated value

7,517 sqft 0.12 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

2306 Morton St, Franklin, IN 46131-9737

Value Estimation by Request

3,243 sqft 0.98 AC lot

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CAR WASH

3060 Us Hwy 31, Franklin, IN 46131-7711

Value Estimation by Request

0.71 AC lot

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CONVENIENCE STORE

2354 Morton St, Franklin, IN 46131-9737

Value Estimation by Request

2,508 sqft 1.76 AC lot

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RESTAURANT

2299 Morton St, Franklin, IN 46131-9736

$595,000

Estimated value

5,856 sqft 1.58 AC lot

View details

RESTAURANT

2330 Morton St, Franklin, IN 46131-9737

$840,000

Estimated value

6,438 sqft 1.04 AC lot

View details

Franklin, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Franklin, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 139,392 square feet of properties for sale, with an estimated market value of $1,150,000.

Sale prices for stores in Franklin, IN start at $1,150,000, averaging $1,150,000, and reaching up to $1,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 36K

Population Growth (5Y) +9.7%

Median Household Income $81,914

College Educated 34.2%

High-Yield Neighborhoods for Investment

Identify Franklin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46131	$724.5K

Taxes & Financing

Tax Rate (average for all types) 2.14%

Property Tax per SF $54.44 per SF

Tax Rate vs County Average 0.32 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Johnson County

New Delisted

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Franklin, IN Retail Properties & Spaces for Sale

3480 S Us 31, Franklin, IN 46131

4170 U.S. 31 South, Franklin, IN 46131

512 S U.S. 31, Franklin, IN 46131

Opportunities in Nearby Cities

1000 Us Highway 31 S, Greenwood, IN 46143

111 E Main Cross St, Edinburgh, IN 46124

1000 Us Highway 31 S, Greenwood, IN 46143

126 E Main Cross Street, Edinburgh, IN 46124

Potential Development Sites for Consideration

W State Road 144, Bargersville, IN 46106

7221 US 31 S, Edinburgh, IN 46124

6516 N Us Highway 31, Whiteland, IN 46184

585 North Emerson Avenue, Greenwood, IN 46143

Off-Market Properties in Franklin, IN

249 Jefferson St, Franklin, IN 46131-2345

4677 State Rd 135, Franklin, IN 46131-8377

500 Earlywood Dr, Franklin, IN 46131-9711

440 Morton St, Franklin, IN 46131-1301

398 Jefferson St, Franklin, IN 46131-2327

49 Main St, Franklin, IN 46131-2335

3955 Us Hwy 31, Franklin, IN 46131-8036

2389 Morton St, Franklin, IN 46131-9629

1599 Morton St, Franklin, IN 46131-1258

Hurricane St, Franklin, IN 46131

2797 Morton St, Franklin, IN 46131-9759

10 Morton St, Franklin, IN 46131-2139

2378 Morton St, Franklin, IN 46131-9737

3099 Morton St, Franklin, IN 46131-9744

480 Morton St, Franklin, IN 46131-1301

49 Ct St, Franklin, IN 46131-2303

2306 Morton St, Franklin, IN 46131-9737

3060 Us Hwy 31, Franklin, IN 46131-7711

2354 Morton St, Franklin, IN 46131-9737

2299 Morton St, Franklin, IN 46131-9736

2330 Morton St, Franklin, IN 46131-9737

Franklin, IN Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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