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Investment Highlights
- Former U.S. Post Office
- versatile single-level space in a high-traffic corridor
Executive Summary
Great Buy at $141.00 per sq. ft. all brick building. Former U.S. Post Office and Premier Marketing building sits on 2.15 acres with 9200 sq.ft. of versatile single-level space in a high-traffic corridor near festivals, farmers markets, dining & shopping. Ideal for suite offices, retail, showroom, warehouse, brewery, restaurant, gym, manufacturing, church, or mixed-use. Large reception area,conference room & ten private offices with 12 ft ceilings. Rear section features large open flex space with rubber tile floors, offices, modular cubicles (may stay or be removed), storage, mechanical room & 2 restrooms with 15 ft ceilings. No load-bearing interior walls for easy reconfiguration. Exterior features include 2-bay loading dock w/ power lift, 58 paved parking spaces, 5 car metal carport, outdoor storage, 4 HVAC units, fire alarm panel & fiber internet. City water, sewer & natural gas. The tower on the property which was used for D-net internet could be income producing. Rare chance to secure a highly visible, adaptable commercial asset in Franklin’s core business district—perfect for establishing or expanding your enterprise.
Property Facts
| Price | $1,300,000 | Rentable Building Area | 10,000 SF |
| Price Per SF | $130 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1984 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 4.1/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 2.29 AC | ||
| Zoning | FC1 - Commercial | ||
| Price | $1,300,000 |
| Price Per SF | $130 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 2.29 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Tenancy | Single |
| Parking Ratio | 4.1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | FC1 - Commercial |
Amenities
- Conferencing Facility
- Mezzanine
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
1 1
Property Taxes
| Parcel Number | 6594197595 | Improvements Assessment | $1,320,600 |
| Land Assessment | $609,500 | Total Assessment | $1,930,100 |
Property Taxes
Parcel Number
6594197595
Land Assessment
$609,500
Improvements Assessment
$1,320,600
Total Assessment
$1,930,100
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261 E Palmer St
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