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    Franklin, VA Storefront Properties for Sale

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    Freestanding Retail Drug Store
    Updated: Apr 11
    Freestanding Retail Drug Store

    1031 Armory Dr, Franklin, VA 23851

    Contact for pricing
    10,908 sqft 1.27 AC lot
    Absolute triple‑net (NNN) single‑tenant Rite Aid leased asset in Franklin, VA
    5 years remaining on the lease base term with expiration on June 7, 2025, plus four five‑year options with annual rental increases
    Single‑story 10,908 SF free‑standing Rite Aid building on a 1.27‑acre lot
    Three‑lane drive‑thru and 54 parking spaces
    Highly visible location on the hard corner of Armory Drive and College Drive, across from Paul D. Camp Community College (1,500 enrollment)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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, VA, 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.

    Turnkey Salon Suites Business
    Turnkey Salon Suites Business

    3276 Academy Avenue, Portsmouth, VA 23703

    $105,000
    2,700 sqft

    Established 2023 salon suites business operated through suite rentals; business only sale with no real estate included.

    View details
    Multi-Tenant Retail Storefront
    Multi-Tenant Retail Storefront

    2897 Bridge Rd, Suffolk, VA 23435

    $1,675,000
    7,595 sqft

    Three current tenants occupy the storefront, with shorter-term leases that may support owner-occupancy or redevelopment plans.

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    Multi-Suite Retail Storefront
    Multi-Suite Retail Storefront

    3274 Academy Ave, Portsmouth, VA 23703

    Contact for pricing

    Three adjacent retail suites with private bathrooms, each with its own 200-amp electric panel and front and rear exterior doors.

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    Corner Retail Site
    Corner Retail Site

    6001 Holland Road, Suffolk, VA 23437

    $425,000
    2,852 sqft

    Retail building at the corner of Route 58 and Longstreet Lane, previously used for restaurants and suited for other retail.

    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.

    Suffolk Commercial Land Opportunity
    Suffolk Commercial Land Opportunity

    208 E. Pinner St, Suffolk, VA 23434

    $189,900
    7,511 sqft 0.17 AC lot

    B-1 zoned flat lot with excellent commercial potential.

    View details
    General Business Land with Utilities
    General Business Land with Utilities

    108 Commercial Boulevard lot: 7, Elizabeth City, NC 27909

    $425,000
    1.50 AC lot

    1.5-acre General Business parcel with frontage on Commercial Boulevard and utilities available for a wide range of uses.

    View details
    Edenton Commercial Lot Opportunity
    Edenton Commercial Lot Opportunity

    1006 Badham Rd, Edenton, NC 27932

    $55,000
    0.28 AC lot

    Unique commercial lot with existing structure in historic Edenton.

    View details
    Elizabeth City Land For Sale
    Elizabeth City Land For Sale

    530 S Hughes Boulevard, Elizabeth City, NC 27909

    $460,000
    1.23 AC lot

    1.234-acre commercial lot with high traffic frontage.

    View details

    Franklin, VA Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties for sale in Franklin, VA on our real estate platform. These investment opportunities span a total of 10,908 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2
    Drug stores 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +1.7%
    Median Household Income $73,333
    College Educated 34.9%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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