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3480 S US Highway 31 1,906 SF Retail Building Franklin, IN 46131 $299,000 ($156.87/SF)
Investment Highlights
- Nearly 650ft of Frontage on US 31
- General Commercial Zoning
Executive Summary
Located along the high-traffic corridor of U.S. Highway 31 in Franklin, this 3-acre commercially zoned property offers exceptional visibility and accessibility for a wide range of business uses. Positioned just outside town with steady daily traffic flow, the site is ideal for retail, service-based businesses, or redevelopment.
The property features an existing structure of approximately 1,900+ square feet, previously utilized as a retail space with additional residential or office potential. Whether you’re looking to renovate or redevelop, the flexible zoning allows for multiple commercial applications including Auto Repair, Self-Storage, Child Care, and more!
With its generous acreage, strong road frontage, and proximity to key destinations including Camp Atterbury, this property presents a rare opportunity to secure a high-visibility commercial footprint in a growing corridor.
Perfect for investors, owner-operators, or developers seeking space, exposure, and long-term upside.
The property features an existing structure of approximately 1,900+ square feet, previously utilized as a retail space with additional residential or office potential. Whether you’re looking to renovate or redevelop, the flexible zoning allows for multiple commercial applications including Auto Repair, Self-Storage, Child Care, and more!
With its generous acreage, strong road frontage, and proximity to key destinations including Camp Atterbury, this property presents a rare opportunity to secure a high-visibility commercial footprint in a growing corridor.
Perfect for investors, owner-operators, or developers seeking space, exposure, and long-term upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,906 SF
Building Class
C
Year Built
1919
Price
$299,000
Price Per SF
$156.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
3.00 AC
Zoning
GC - General Commercial
Frontage
642’ on US 31
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 41-12-05-024-017.000-004 | Improvements Assessment | $105,800 |
| Land Assessment | $34,300 | Total Assessment | $140,100 |
Property Taxes
Parcel Number
41-12-05-024-017.000-004
Land Assessment
$34,300
Improvements Assessment
$105,800
Total Assessment
$140,100
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3480 S US Highway 31
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