218 Cincinnati StFranklin, IN 46131

  • Industrial properties
  • 1,486 SF
For Sale
$450,000 View listing

Property Details for 218 Cincinnati St

Year built
1951
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
1,486 SF
Property type
Industrial properties
APN
41-08-14-013-113.000-009
APU
410814013113000009

Description

This exceptional 5,038 square foot industrial property, situated on a 0.32-acre lot in downtown Franklin, Indiana, presents a fantastic opportunity for a growing business. The building boasts ample office space, adaptable to a variety of business needs. Recent upgrades include a new HVAC system and hot water tank, ensuring efficient and comfortable operation. A modern bathroom is also included. The substantial warehouse area features two gas heaters, providing reliable warmth, and excellent lighting throughout. A large overhead door facilitates easy loading and unloading of goods. The current owner has invested in significant improvements, creating a well-maintained and functional space. With over 5,000 square feet of versatile space, this property is ideal for a wide range of businesses seeking a prominent downtown location. The combination of office and warehouse space, coupled with the recent upgrades, makes this an attractive and ready-to-occupy commercial property. Its central location in Franklin offers excellent accessibility and visibility. This is a rare opportunity to acquire a well-maintained, upgraded industrial space in a thriving downtown area. The property is priced competitively at $450,000, reflecting its value and potential. Don't miss out on this chance to establish or expand your business in a prime Franklin location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $209,814
    Hospitality
    $192,188
    Educational
    $159,898
    Medical
    $165,397
    Retail
    $248,731

Location Insight

City
Franklin
County
Johnson
State
Indiana
Latitude
39.4859
Longitude
-86.0527
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,543
$28,900
$54,700
$83,600
-
$28,900
$54,700
$83,600

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