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164 E Jefferson St 3,348 SF Office Building Franklin, IN 46131 $649,000 ($193.85/SF)
INVESTMENT HIGHLIGHTS
- Prime location with excellent visibilty on E. Jefferson St.
- Historic charm with modern amenities.
- Completely renovated interior and fasade.
EXECUTIVE SUMMARY
Great Opportunity to own Completely Remodeled Downtown Franklin Office/Retail building in Prime location! Completely updated and turnkey this property offers 2 finished floors and over 3,200 Sq. Ft. of finished space w/ 2018 complete remodel and facade, along with new roof in 2020. Main level features large open concept with raised ceilings, to the rear is kitchen and bathroom. Upstairs features private offices, lobby area & conference room overlooking Jefferson St. Come check out this rare opportunity to own a piece of downtown Franklin Real Estate that is totally turn key! New Roof 2020. Tenant Rights Apply Through October 2026 Please Email for details.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$46,800
|
$13.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$46,800
|
$13.98
|
| Taxes |
$4,807
|
$1.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,807
|
$1.44
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $46,800 |
| Annual Per SF | $13.98 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $46,800 |
| Annual Per SF | $13.98 |
| Taxes | |
|---|---|
| Annual | $4,807 |
| Annual Per SF | $1.44 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,807 |
| Annual Per SF | $1.44 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
3,348 SF
Building Class
B
Year Built/Renovated
1930/2018
Price
$649,000
Price Per SF
$193.85
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,674 SF
Building FAR
1.28
Lot Size
0.06 AC
Zoning
C-4 - Commercial
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Process Alliance
- Professional, Scientific, and Technical Services
- 3,348 SF
- $14.00
- Modified Gross
- Oct 2026
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Process Alliance | Professional, Scientific, and Technical Services | 3,348 SF | $14.00 | Modified Gross | Oct 2026 |
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Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 41-08-14-043-057.000-009 | Total Assessment | $142,800 (2025) |
| Land Assessment | $60,000 (2025) | Annual Taxes | $4,807 ($1.44/SF) |
| Improvements Assessment | $82,800 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
41-08-14-043-057.000-009
Land Assessment
$60,000 (2025)
Improvements Assessment
$82,800 (2025)
Total Assessment
$142,800 (2025)
Annual Taxes
$4,807 ($1.44/SF)
Tax Year
2024
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164 E Jefferson St
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