1403 South St Franklin, VA 23851

This exceptional Franklin, Virginia mixed-use property presents a lucrative investment opportunity. The offering encompasses three interconnected buildings situated on a 0.17-acre lot at 1403 South Street. The property generates a substantial current monthly income of $3,000, derived from a retail space and a residential apartment. The retail component includes two storefronts: one measuring 780 square feet (located at 1407 South Street) and a larger space of 2659 square feet (at 1403 South Street). Above the 1405 South Street storefront is a spacious 1878-square-foot residential apartment featuring three bedrooms, one bathroom, a living room, den, kitchen, and laundry room. The entire property has recently undergone a complete heating and cooling system upgrade. Its prime location offers convenient access to shopping, dining, and major transportation arteries including Highway 58 and Highway 64, as well as proximity to the local paper mill. The property is being sold "AS IS," presenting a unique chance to capitalize on its existing income stream and strategic location. This is an ideal opportunity for an investor seeking a blend of commercial and residential income in a thriving community.