870 Mallory Pkwy Franklin, IN 46131

This exceptional 26,737 square foot property, located at 870 Mallory Parkway in Franklin, Indiana, presents a unique investment opportunity. Formerly the Canary Creek Cinemas, this single-story building boasts a rich history of successful operation spanning over two decades, closing in 2023. The complex includes seven indoor movie screens and two outdoor drive-in screens, offering versatile potential for future use. The property sits on a sizable 9.28-acre lot, featuring ample paved and well-lit parking. Its strategic location offers excellent visibility and accessibility, situated directly behind a Kroger grocery store and Kohl's shopping center, ensuring high foot traffic and convenient access for patrons. Within a mile radius are two local schools, and Franklin College is also nearby. The property's convenient location just off US 31 South adds to its appeal. The asking price is $4,500,000, translating to $168.31 per square foot. This property is ideal for a variety of uses, including continued entertainment, retail, or business ventures, or even repurposing for educational or religious institutions. The property's size, location, and existing infrastructure make it an attractive proposition for investors seeking a high-impact commercial investment in a thriving Indiana community. The Johnson County location, with APN 41-08-15-014-001.021-009, provides further identification.