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153 E Palmer St 6,850 SF 100% Leased Retail Building Franklin, NC 28734 $1,041,312 CAD ($152.02 CAD/SF)
Investment Highlights
- According to the NCDOT traffic survey in 2024 the annual average daily count was 5,637.
Executive Summary
Prime location and opportunity! Property has great in town exposure and is very unique with tons of character and options! The building has 3 stories with multiple entrances. Keep building in current configuration with one huge retail space or separate with minimal work to create multiple retail spaces. The main level is currently made up of two large adjoining retail spaces. Upstairs is separated into 10 rooms that could easily be converted into offices, meeting or conference rooms, etc. The lower level is a large open room with a door to the back fenced yard and storage building with 4 bays that could be used for additional storage. This offering is for real property only; no business is included.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,850 SF
Building Class
C
Year Built
1948
Price
$1,041,312 CAD
Price Per SF
$152.02 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
FC1 - Commercial
Parking
17 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
199’ on East Palmer Street
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6594191486 | Improvements Assessment | $429,496 CAD |
| Land Assessment | $425,770 CAD | Total Assessment | $855,266 CAD |
Property Taxes
Parcel Number
6594191486
Land Assessment
$425,770 CAD
Improvements Assessment
$429,496 CAD
Total Assessment
$855,266 CAD
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Presented by
Realty ONE Group VIBE
153 E Palmer St
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