Franklin, IN
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    Franklin, IN Retail Space for Sale

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    Whiteland, IN Bargersville, IN Trafalgar, IN
    High-Visibility Commercial Property in Franklin
    $299,000
    1,954 SF

    High-Visibility Commercial Property in Franklin

    3480 S Us 31, Franklin, IN 46131

    3-acre commercially zoned property with redevelopment potential on US-31.

    • High‑visibility location with nearly 650ft of frontage on U.S. Highway 31
    • 3‑acre commercially zoned property suitable for various business uses
    • Flexible zoning allows for redevelopment or renovation for multiple commercial applications
    • Existing 1,900+ sq ft structure with retail space and residential/office potential
    • Located in a high‑traffic corridor just outside of town
    Updated: May 5
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    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 1 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.

    Greenwood Commercial Property on US-31
    $2,350,000
    12,293 SF

    Greenwood Commercial Property on US-31

    Combination medical office and retail space in high-growth Greenwood, Indiana.

    1000 Us Highway 31 S, Greenwood, IN 46143
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    Historic Pixy Theater For Sale
    $750,000
    10,583 SF

    Historic Pixy Theater For Sale

    Historic 10,583 SF Pixy Theater in downtown Edinburgh.

    111 S Walnut St, Edinburgh, IN 46124
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    Medical/Retail Space Near New Development
    $2,350,000
    12,293 SF

    Medical/Retail Space Near New Development

    Highly visible medical/retail space near Greenwood's new $83M development.

    1000 Us Highway 31 S, Greenwood, IN 46143
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    Restored Mixed-Use Building For Sale
    $225,000
    8,153 SF

    Restored Mixed-Use Building For Sale

    Edinburgh mixed-use building with retail and residential potential.

    111 E Main Cross St, Edinburgh, IN 46124
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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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
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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.

    249 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    1,680 SF Lot: 0.12 Acres
    Value Estimation by Request

    249 Jefferson St, Franklin, IN 46131-2345

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    4677 State Rd 135
    RETAIL STORES (PERSONAL SERVICES)
    2,688 SF Lot: 0.39 Acres

    4677 State Rd 135, Franklin, IN 46131-8377

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    500 Earlywood Dr
    RETAIL STORES (PERSONAL SERVICES)
    29,826 SF Lot: 1.61 Acres
    Estimated value
    $3,190,000

    500 Earlywood Dr, Franklin, IN 46131-9711

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    398 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    3,884 SF Lot: 0.17 Acres
    Value Estimation by Request

    398 Jefferson St, Franklin, IN 46131-2327

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    49 Main St
    RETAIL STORES (PERSONAL SERVICES)
    3,780 SF Lot: 0.05 Acres
    Value Estimation by Request

    49 Main St, Franklin, IN 46131-2335

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    49 Ct St
    RETAIL STORES (PERSONAL SERVICES)
    7,517 SF Lot: 0.12 Acres
    Estimated value
    $825,000

    49 Ct St, Franklin, IN 46131-2303

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    449 Hurricane St
    RETAIL STORES (PERSONAL SERVICES)
    2,286 SF Lot: 0.07 Acres
    Value Estimation by Request

    449 Hurricane St, Franklin, IN 46131-1801

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    295 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    5,808 SF Lot: 0.34 Acres
    Estimated value
    $555,000

    295 Morton St, Franklin, IN 46131-1645

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    1000 Hurricane St
    RETAIL STORES (PERSONAL SERVICES)
    2,310 SF Lot: 0.15 Acres
    Value Estimation by Request

    1000 Hurricane St, Franklin, IN 46131-1441

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    7022 Greensburg Rd
    RETAIL STORES (PERSONAL SERVICES)
    1,038 SF Lot: 0.24 Acres
    Value Estimation by Request

    7022 Greensburg Rd, Franklin, IN 46131-8258

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    136 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    2,744 SF Lot: 0.03 Acres
    Value Estimation by Request

    136 Jefferson St, Franklin, IN 46131-2323

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    2179 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    5,183 SF Lot: 0.63 Acres
    Estimated value
    $810,000

    2179 Morton St, Franklin, IN 46131-7031

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    2199 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    4,970 SF Lot: 0.71 Acres
    Estimated value
    $780,000

    2199 Morton St, Franklin, IN 46131-9624

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    51 Monroe St
    RETAIL STORES (PERSONAL SERVICES)
    5,154 SF Lot: 0.12 Acres
    Estimated value
    $555,000

    51 Monroe St, Franklin, IN 46131-2314

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    3480 Us Hwy 31
    RETAIL STORES (PERSONAL SERVICES)
    1,954 SF Lot: 3.00 Acres

    3480 Us Hwy 31, Franklin, IN 46131-8144

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    1753 Main St
    RETAIL STORES (PERSONAL SERVICES)
    1,875 SF Lot: 0.24 Acres
    Value Estimation by Request

    1753 Main St, Franklin, IN 46131

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    2100 Earlywood Dr
    RETAIL STORES (PERSONAL SERVICES)
    55,000 SF Lot: 8.93 Acres
    Estimated value
    $4,225,000

    2100 Earlywood Dr, Franklin, IN 46131-8870

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    2770 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    6,946 SF Lot: 0.98 Acres
    Estimated value
    $1,115,000

    2770 Morton St, Franklin, IN 46131-9739

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    699 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    1,600 SF Lot: 0.34 Acres
    Value Estimation by Request

    699 Morton St, Franklin, IN 46131-8701

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    301 Westview Dr
    RETAIL STORES (PERSONAL SERVICES)
    6,900 SF Lot: 1.08 Acres
    Value Estimation by Request

    301 Westview Dr, Franklin, IN 46131-1035

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    112 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    3,184 SF Lot: 0.07 Acres
    Value Estimation by Request

    112 Jefferson St, Franklin, IN 46131-2106

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    155 Morton St
    RETAIL STORES (PERSONAL SERVICES)
    8,336 SF Lot: 0.25 Acres
    Estimated value
    $1,320,000

    155 Morton St, Franklin, IN 46131-1643

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    201 Jefferson St
    RETAIL STORES (PERSONAL SERVICES)
    15,384 SF Lot: 0.24 Acres
    Estimated value
    $590,000

    201 Jefferson St, Franklin, IN 46131-2345

    View details

    Franklin, IN Retail Space Investment Opportunities Market Analysis

    Explore 59 retail space for sale in Franklin, IN on our real estate platform. These investment opportunities span a total of 1,954 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for retail space in Franklin, IN start at $299,000, averaging $299,000, and reaching up to $299,000 — 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

    Auto shops 3
    Automotive properties 3
    Shopping centers 2
    Showrooms 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +9.7%
    Median Household Income $81,914
    College Educated 34.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    46131 $299K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $54.44 per sq ft
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

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