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Investment Highlights

  • 7 Offices + lobby + bathroom + kitchenette
  • Totally renovated and move-in ready
  • 18 parking spots

Executive Summary

FLEXIBLE COMMERCIAL SPACE on MAIN THOROUGHFARE w/ 18 PARKING SPOTS. 7 INDIVIDUAL OFFICE ROOMS (only 2 pictured) w/ COMMON SPACES of LOBBY, FULL BATHROOM, KITCHENETTE, and PARKING. UNVERIFIED but likely USES INCLUDE: Medical Office, Dental Office, Veterinary Clinic, Financial Planner / Wealth Management Office, Insurance Agency, Real Estate Brokerage, Mortgage Company, Law Office, Co-Working Space / Executive Suites, Day Care Center, Church, Boutique Used Car Dealership, Fitness Studio, Med Spa, Physical Therapy Clinic, Chiropractic Office, Yoga or Pilates Studio, Boutique Coffee Shop, Coffee Roastery & Cafe, Cafe / Sandwich Shop, Accounting / CPA Office, Title Company, Business Consulting Office, Nonprofit Organization Office, Event Venue / Training Center, Boutique Retail Store, Barber Shop or Beauty Salon, Massage Therapy Studio, Photography Studio, Insurance Claims or Restoration Office, Property Management Office, Wealth Management & Investment Firm, Small Business Incubator, Networking & Meeting Center, Pet Supply & Grooming Boutique (without outdoor kennels), Specialty Vehicle Sales (Luxury, Exotic, Classic, or Off-Road), Mortgage, Lending, or Financial Services Center. See attachments for Franklin City zoning docs.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,710 SF
Building Class
C
Year Built/Renovated
1950/2019
Price
$500,000
Price Per SF
$292.40
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,710 SF
Building FAR
0.16
Lot Size
0.24 AC
Zoning
MXC - Super flexible!! Office, medical, daycare center, auto dealership, on and on
Parking
18 Spaces (10.53 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Day Care
  • Signage
  • Reception
  • Air Conditioning
  • Fiber Optic Internet
  • Cafe
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
41-08-11-033-101.000-009
Land Assessment
$55,300
Improvements Assessment
$82,800
Total Assessment
$138,100
  • Listing ID: 41009713

  • Date on Market: 6/22/2026

  • Last Updated:

  • Address: 1507 N Main St, Franklin, IN 46131

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