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431 13th Street Franklin, PA 16323 429 13th St 8,772 SF 100% Leased Retail Building Franklin, PA 16323 $299,900 ($34.19/SF)
Executive Summary
Rare investment opportunity in historic Franklin! Rich in heritage as the former Jesse Greer VFW, this expansive 8,772 SQ FT landmark offers immediate turn-key income with massive growth potential. The main floor features a modernized 2,900 SQ FT professional office with a private entrance and electronic security, including 5 private offices, 3 baths, a kitchenette, data room, two offices are 20'x18' multi-use rooms. Upstairs, the 2nd floor holds two spacious 2-bed, 1-bath apartments (~1,400 SQ FT each) with private entry, ideal for steady rental yield. The 3rd floor boasts a wide-open original ballroom waiting to become high-end lofts or an event venue, while the basement provides abundant storage with character from its past as the VFW bar. Modernized with 3 AC units and 3 heating systems, parking is effortless with a private 8+ car lot plus public on-street options. Perfect for a multi-tenant hub, owner-occupant, or portfolio expansion. 1st floor for lease $3,000 per month.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,772 SF
Building Class
C
Year Built
1910
Price
$299,900
Price Per SF
$34.19
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.88
Lot Size
0.07 AC
Zoning
C - Commercial
Parking
8 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
51’ on 13th St
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-213-001-000 | Improvements Assessment | $52,940 |
| Land Assessment | $8,470 | Total Assessment | $61,410 |
Property Taxes
Parcel Number
10-213-001-000
Land Assessment
$8,470
Improvements Assessment
$52,940
Total Assessment
$61,410
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431 13th Street Franklin, PA 16323 | 429 13th St