42 E Jefferson Street Franklin, IN $ 450,000
42 E Jefferson Street
$ 450,000
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42 E Jefferson Street

Franklin, IN, 46131
$ 450,000
Baths0.0 Sq 4,296

Monthly Estimate*

$ 3,143

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Studio

Commercial Property for sale in Franklin, IN

for $450,000. This 4,296 square foot building was built in 1930 on a lot size of 0.05.

This is another great opportunity to own a great building in the downtown core close to the Johnson county Courthouse. The front facade was updated in the past couple of years with approval of the downtown facade program. The first level is currently leased to a local attorney firm and is fantastic updated office space featuring a nice reception area, reception office and two private offices, work area, file room and access to basment storage area. The second level is also leased to attorneys and has street level access by use of a shared stairway agreement which is recorded in Johnson County records and attached to this listing. The agreement allows 42 E Jefferson to use the stairway owned by 40 E Jefferson Street. The front office has a great view of the County Courthouse and the rear room is office and storage space. It is possible that the current tenants would be interested in remaining as tenants with a new owner. Please note that the total building square footage included the basement storage of 1,552 Square Feet whis is good for storage only. The office space available is 1,752 Square Feet on the forst floor and 992 Square Feet on the 2nd floor. for total office space of 2,744 Square feet.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,228

Style

Office

Lot Size

0.05

Year Built

1930

Town/City

Franklin

County/Region

Johnson

MLS | Web ID

21961510

Features
General
Heating Forced Air Gas
Cooling Central Electric
Utilities Cable Connected Electricity Connected Gas Sep Electric Meter Sep Gas Meter Sewer Connected Water Connected
Possession Negotiable Subject To Tenants Rights
Roof Asphalt Composition See Remarks
Zoning mxd
Year Built 1930
Electric 100 Amp Service 200+ Amp Service
Stories 2
Township Franklin
Levels Two
Property SubType Office
Tax Year 2022
Current Use Office
County Johnson
New Construction N
Property Type Commercial Sale
Facing Direction South
Possible Use Office Residential Retail
Status Active
Directions GPS Friendly
High School Franklin Community High School
City Franklin
Buyer Agent Compensation 2.5
View Y/N N
High School District Franklin Community School Corp
MLS Area 4105 - Johnson - Franklin
Lot Size Square Feet 1995
Street Name Jefferson
Property Attached Y/N N
Current Financing Conventional
Middle/Junior High School Franklin Community Middle School
Additional Parcels Y/N N
Days on Market 3
Standard Status Active
Tax Lot 31
Buyer Agent Compensation Type %
Legal Description O P Franklin Pt Lot 31 Mp Franklin Communi
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Exterior
Parking Features Street Only
Building Area Total 4296
Lot Size Acres 0.05
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) Y
Street Suffix Street
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* Excluded Features
List By
Smythe & Co, Inc

Broker

fredparis@fredparis.com

Email

Affordability Calculator

$3,412
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$269
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4045176 Elementary School
4052126 Middle School
Franklin Community High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2024$450,000 Listed Price

Map


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42 E Jefferson Street, Franklin, IN, 46131 is a Commercial Property for sale at $450,000 with 4,296 sqft and a lot size of 0.05. 42 E Jefferson Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 46131 which is in Franklin, IN