201 2Nd StFranklin, OH 45005

  • Other commercial real estate
  • 7,303 SF
For Sale
$399,900 View listing

Property Details for 201 2Nd St

Year built
1931
Construction
BRICK
Lot size
1.19 AC
Property size (Sq ft)
7,303 SF
Property type
Other commercial real estate
APN
04-32-455-016-0
APU
4324550160

Description

This exceptional 14,606 square foot mixed-use building, located at 201 E 2nd St in Franklin, Ohio, presents a prime redevelopment opportunity. Situated on a 0.72-acre lot in a C-2 Business zone, this two-story building offers high visibility on State Route 73, the gateway to downtown Franklin. The property's versatile layout is suitable for a wide range of commercial ventures, from retail spaces and professional offices to cafes and other businesses. Large windows provide ample natural light, creating an inviting atmosphere. The building benefits from abundant dedicated parking, enhancing convenience and functionality. This location offers high traffic and excellent exposure, making it ideal for businesses seeking maximum visibility. The asking price is $399,900, translating to $27.38 per square foot. The seller will consider a lease option. This is a unique chance to establish or expand a business within Franklin's thriving community. Don't miss this opportunity to secure a prime location and elevate your business to new heights. The property's history includes previous uses as a religious institution and school.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,324,296
    Hospitality
    $1,213,048
    Educational
    $1,009,242
    Medical
    $1,043,951
    Retail
    $1,569,932
201 2Nd St, Franklin, Ohio

Location Insight

City
Franklin
County
Warren
State
Ohio
Latitude
39.5622
Longitude
-84.2988
CBSA code
17140
CBSA name
CINCINNATI-MIDDLETOWN, OH-KY-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
$7,713
$27,493
$85,995
$113,488
-
$78,550
$245,700
$324,250

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