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Investment Highlights

  • Exceptional Location: Situated just a half-mile from the courthouse square, local restaurants, and retail amenities.
  • Positioned within a business-friendly community, offering direct access to skilled local workforce and established trade areas.
  • The site offers immediate connectivity to U.S. 31 and I-65, keeping your crew just 20 minutes south of Indianapolis.
  • Flexible Layout with Outside Storage: Ideal for contractor yards, light assembly, or custom flex operations.

Executive Summary

This versatile flex property offers a functional home base with unmatched connectivity for contractors, trades, and service businesses. Falling within Franklin’s Industrial: Business Development (IBD) zoning district, the property is perfectly positioned for small-scale construction, entrepreneurial start-ups, light processing, or a dedicated contractor’s warehouse and storage facility. Currently operating as a machine shop, this property has 600 Amp electrical. Situated just a half-mile from Franklin City Hall and downtown amenities, the location provides direct access to US-31 and I-65 for efficient dispatching and client proximity.

The building is ready for updates and a refresh, presenting a strategic, value-add opportunity to customize the workshop, secure storage, and office layout to your specific operational needs.

Property Facts

Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 1.38 AC
Rentable Building Area 9,500 SF
No. Stories 1
Year Built 1932
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 4
Zoning IBD

Amenities

  • Fenced Lot
  • Storage Space
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
41-08-14-042-038.000-009
Land Assessment
$106,020 CAD
Improvements Assessment
$231,091 CAD
Total Assessment
$337,111 CAD
  • Listing ID: 40615625

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 159 Cincinnati St, Franklin, IN 46131

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