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    Franklin, IN Storefront Properties for Sale

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    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 site zoned General Commercial
    Nearly 650 feet of frontage on US‑31
    Existing structure of approximately 1,900+ SF previously used as retail
    High‑traffic corridor location just outside Franklin
    Flexible zoning described for uses including auto repair, retail, and child care
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Franklin, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Freestanding Day Care Center with Play Yard
    Freestanding Day Care Center with Play Yard

    5040 E Thompson Road, Indianapolis, IN 46237

    $338,000
    0.27 AC lot

    C-4 zoned freestanding day care building with fenced outdoor side and back play yard.

    View details
    Flexible Office and Retail Building
    Flexible Office and Retail Building

    535 East Hendricks Street, Shelbyville, IN 46176

    Contact for pricing
    1,008 sqft

    Street-front commercial building with dedicated parking and a flexible interior layout for office, retail, or service use.

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    Zoned Retail and Office Building
    Zoned Retail and Office Building

    8007 S Meridian St, Indianapolis, IN 46217

    Contact for pricing
    3,135 sqft 0.29 AC lot

    1973 building on a 0.29-acre lot with ample on-site parking and C-1 zoning.

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    Mixed-Use Property with Leased Storefronts
    Mixed-Use Property with Leased Storefronts

    12 S Harrison Street, Shelbyville, IN 46176

    $499,900
    0.06 AC lot

    Three occupied storefronts anchor a mixed-use property with partially finished upper-level space and BG - Business General zoning.

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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.

    Commercial Land Zoned D5/C5
    Commercial Land Zoned D5/C5

    3049 Kentucky Avenue, Indianapolis, IN 46221

    $295,000
    0.53 AC lot

    Commercial land totaling 0.53 acres with D5/C5 general commercial zoning and public sewer service.

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    Commercial Land Corner Lot
    Commercial Land Corner Lot

    1401 S Meridian Street, Indianapolis, IN 46225

    $74,000
    0.12 AC lot

    C-4-zoned corner lot on two city streets with utilities on site and approved curb cuts.

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    Cleared Commercial Development Land
    Cleared Commercial Development Land

    134 W 30th Street, Indianapolis, IN 46208

    $299,500
    0.08 AC lot

    Cleared, IDEM-approved commercial lot with utilities on site and state road frontage for retail, office, or service development.

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    Ready-to-Build Commercial Lot
    Ready-to-Build Commercial Lot

    3655 W State Road 46, Bloomington, IN 47404

    $899,900
    0.84 AC lot

    Clear commercial lot with utilities available and strong visibility for businesses seeking a straightforward development site.

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    Franklin, IN Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Franklin, IN on our real estate platform.

    Sale prices for retail units in Franklin, IN average $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

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Storefront properties 1

    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 $299K

    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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