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    Franklin, IN
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    Franklin, IN Retail Properties & Spaces for Sale

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    Remodeled Two-Story Office Building
    Updated: Aug 24
    Remodeled Two-Story Office Building

    164 E Jefferson St, Franklin, IN 46131

    $599,000
    3,272 sqft
    3,272 square feet of finished office space
    Two finished floors with open and private work areas
    2018 complete remodel included facade improvements
    Roof replacement completed in 2020
    Upper level includes private offices, lobby, and conference room
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    164 E Jefferson St, Franklin, IN 46131

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $360K
      May 2022

    • Last Sold

      May 2022
      $450K

    • Property Type

      Commercial Office (General)
      Built 1930
    View Property Analytics
    Commercial Land with Existing Building
    Updated: May 5
    Commercial Land with Existing Building

    3480 S Us 31, Franklin, IN 46131

    $299,000
    3.00 AC lot
    3‑acre commercial land parcel
    Existing structure of approximately 1,900+ square feet
    Nearly 650ft of frontage on U.S. Highway 31
    General Commercial zoning
    Existing building was previously used for retail
    View details
    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    80 N Jackson Street, Franklin, IN 46131

    $370,000
    0.12 AC lot

    Downtown building combines a commercial storefront with residential space, private entrances, and off-street parking.

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    Commercial Land with Existing Building
    Commercial Land with Existing Building

    3480 S US HIGHWAY 31, Franklin, IN 46131

    Contact for pricing
    1,954 sqft

    GC-zoned site along U.S. Highway 31 with an existing structure and convenient ingress and egress.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Business Opportunities for sale
    Business Opportunities for sale

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

    $1,150,000
    139,392 sqft 3.20 AC lot

    139,392 SF Pet Shops & Supplies in Johnson County

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    71 E Jefferson Street, Franklin, IN 46131

    Contact for pricing

    Fully rented property combining street-level storefronts with residential apartments.

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    22 Acre Mixed-Use Development
    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.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Flex Space with Drive-Through Bay
    Flex Space with Drive-Through Bay

    8727 US 31 S, Edinburgh, IN 46124

    Contact for pricing
    18,140 sqft 2.45 AC lot

    Combines office/showroom space with a warehouse and drive-through access.

    View details
    Commercial Land
    Commercial Land

    6850 US 31 S, Whiteland, IN 46184

    Contact for pricing

    Commercially zoned acreage with direct US-31 frontage.

    View details
    22 Acre Mixed-Use Development Land
    22 Acre Mixed-Use Development Land

    US Hwy 31 & Christian Blvd |, Whiteland, IN 46131

    Contact for pricing
    22.00 AC lot

    22-acre mixed-use development land suitable for office, retail, residential.

    View details
    Historic Downtown Commercial Building For Sale
    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.

    View details

    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
    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.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    6516 N Us Highway 31, Whiteland, IN 46184

    $695,000
    5.55 AC lot

    SR-zoned commercial land with an existing curb cut and on-site gas and electric.

    View details
    Commercial Land With Existing Improvements
    Commercial Land With Existing Improvements

    774 S Morgantown Road, Greenwood, IN 46143

    $799,000
    2.01 AC lot

    R2-zoned property with an existing building, pole barn, and multiple interior spaces.

    View details
    C1 Commercial Land Site
    C1 Commercial Land Site

    5555 E Stop 11 Road, Indianapolis, IN 46237

    $305,000
    1.64 AC lot

    C1-zoned site with public sewer and utility access through a shared easement.

    View details

    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.

    249 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)

    249 Jefferson St, Franklin, IN 46131-2345

    $270,000
    Estimated value
    1,680 sqft 0.12 AC lot
    View details
    4677 State Rd 135
    RETAIL STORES (PERSONAL SERVICES)

    4677 State Rd 135, Franklin, IN 46131-8377

    $320,000
    Estimated value
    2,688 sqft 0.39 AC lot
    View details
    500 Earlywood Dr
    RETAIL STORES (PERSONAL SERVICES)

    500 Earlywood Dr, Franklin, IN 46131-9711

    $470,000
    Estimated value
    29,826 sqft 1.61 AC lot
    View details
    440 Morton St
    DRIVE-THRU RESTAURANT, FAST FOOD

    440 Morton St, Franklin, IN 46131-1301

    $295,000
    Estimated value
    2,097 sqft 0.76 AC lot
    View details
    398 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)

    398 Jefferson St, Franklin, IN 46131-2327

    $275,000
    Estimated value
    3,884 sqft 0.17 AC lot
    View details
    49 Main St
    RETAIL STORES (PERSONAL SERVICES)

    49 Main St, Franklin, IN 46131-2335

    $265,000
    Estimated value
    3,780 sqft 0.05 AC lot
    View details
    3955 Us Hwy 31
    RESTAURANT

    3955 Us Hwy 31, Franklin, IN 46131-8036

    $270,000
    Estimated value
    2,074 sqft 1.16 AC lot
    View details
    2389 Morton St
    FINANCIAL BUILDING

    2389 Morton St, Franklin, IN 46131-9629

    $460,000
    Estimated value
    5,113 sqft 1.25 AC lot
    View details
    1599 Morton St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1599 Morton St, Franklin, IN 46131-1258

    $145,000
    Estimated value
    1,099 sqft 0.40 AC lot
    View details
    Hurricane St
    PARKING LOT

    Hurricane St, Franklin, IN 46131

    $250,000
    Estimated value
    0.10 AC lot
    View details
    2797 Morton St
    SHOPPING CENTER, STRIP CENTER

    2797 Morton St, Franklin, IN 46131-9759

    $275,000
    Estimated value
    9,882 sqft 1.27 AC lot
    View details
    10 Morton St
    CONVENIENCE STORE

    10 Morton St, Franklin, IN 46131-2139

    $165,000
    Estimated value
    1,935 sqft 0.25 AC lot
    View details
    2378 Morton St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2378 Morton St, Franklin, IN 46131-9737

    $530,000
    Estimated value
    4,076 sqft 1.21 AC lot
    View details
    3099 Morton St
    AUTO REPAIR, GARAGE

    3099 Morton St, Franklin, IN 46131-9744

    $1,405,000
    Estimated value
    20,650 sqft 5.24 AC lot
    View details
    480 Morton St
    DRIVE-THRU RESTAURANT, FAST FOOD

    480 Morton St, Franklin, IN 46131-1301

    $50,000
    Estimated value
    3,858 sqft 0.72 AC lot
    View details
    49 Ct St
    RETAIL STORES (PERSONAL SERVICES)

    49 Ct St, Franklin, IN 46131-2303

    $825,000
    Estimated value
    7,517 sqft 0.12 AC lot
    View details
    2306 Morton St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2306 Morton St, Franklin, IN 46131-9737

    $425,000
    Estimated value
    3,243 sqft 0.98 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 7 active listings on our real estate platform. These investment opportunities span a total of 144,618 square feet of properties for sale, with an estimated market value of $2,418,000.

    Sale prices for stores in Franklin, IN start at $299,000, averaging $604,500, 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

    Storefront properties 5
    Shopping centers 3

    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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