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Executive Summary

Commercial building has lot's for possibilities. Currently being used as a church. The building has a foyer (painted in 2021), 4 offices, kitchen, men's & women's restrooms, and a big open room that is divisible and has 2 exit doors in back. This building has 2 entrances and a large foyer allowing the building to be easily divided. Updates: Dishwasher added in 2021, Tankless water heater 2021HVAC units (3 Unites) were replaced in 2022. FOR POSSIBLE ENTERTAIN USE: Stage updates in 2024, Stage lighting updates in 2024, big room painted in 2024. Unit has street signage. Exterior is concrete block building. Plenty of Parking spots too! Great location with access to I-65 or US 31.

Property Facts

Price $790,000
Price Per SF $125.32
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Office Medical
  • FlexLight Distribution
Building Class B
Lot Size 1.33 AC
Rentable Building Area 6,304 SF
No. Stories 1
Year Built 1998
Tenancy Single
Parking Ratio 3.17/1,000 SF
Opportunity Zone Yes
Zoning Commercial/Office

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Jazzercise began in 1969 when Judi Sheppard Missett created a jazz dance workout class in Illinois. After moving to California in 1971, the concept expanded rapidly through franchising. The company now operates thousands of franchise locations internationally. Jazzercise combines dance with strength training and cardio in various class formats. The brand has evolved over five decades while maintaining its core dance-fitness approach. Jazzercise supports a global network of franchisees through training programs and choreography updates.

Tenant Industry SF Occupied Rent/SF Lease End
Arts, Entertainment, and Recreation - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
41-08-10-011-007.000-009
Land Assessment
$7,700
Improvements Assessment
$429,300
Total Assessment
$437,000
  • Listing ID: 41083525

  • Date on Market: 6/27/2026

  • Last Updated:

  • Address: 230 Commerce Dr, Franklin, IN 46131

Contact the Sale Advisor

230 Commerce Dr

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