3480 S Us 31 Franklin, IN $ 299,000
3480 S Us 31
$ 299,000
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3480 S Us 31

Franklin, IN, 46131
$ 299,000
Bedrooms-- Baths-- Sq 1,954

Monthly Estimate*

$ 1,841

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Commercial Property for sale in Franklin, IN

for $299,000. This 1,954 square foot building was built on a lot size of 3.

Located along the high-traffic corridor of U.S. Highway 31 in Franklin, this 3-acre commercially zoned property offers exceptional visibility and accessibility for a wide range of business uses. Positioned just outside town with nearly 650ft of Frontage on US-31, the site is ideal for retail, service-based businesses, or redevelopment.The property features an existing structure of approximately 1,900+ square feet, previously utilized as a retail space with additional residential or office potential. Whether you're looking to renovate or redevelop, the flexible zoning allows for multiple commercial applications including Auto Repair, Retail, Child Care, and more! With its generous acreage, strong road frontage, and proximity to key destinations including Camp Atterbury, this property presents a rare opportunity to secure a high-visibility commercial footprint in a growing corridor. Perfect for investors, owner-operators, or developers seeking space, exposure, and long-term upside.

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 2,772

Style

Retail

Lot Size

3

Town/City

Franklin

County/Region

Johnson

MLS | Web ID

22100047

Features
General
Utilities Electricity Connected Natural Gas Connected
Possession Closing
Zoning General Commercial
Township Blue River
Property Subtype Retail
Tax Year 2025
Current Use Comm Sgl Ten Vacant
County Johnson
New Construction N
Property Type Commercial Sale
Possible Use Auto Dealer Auto Gas Auto Misc Church Comm Sgl Ten Dairy Livestock Office Restaurant Retail
Status Active
Directions GPS Friendly
City Franklin
High School District Franklin Community School Corp
MLS Area 4109 - Johnson - Blue River
Lot Size Square Feet 130680
Standard Status Active
Tax Lot 0
Legal Description E Nw S5 T11 R5
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Exterior
Building Area Total 1954
Lot Size Acres 3
Road Frontage Type Highway
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* Excluded Features
List By
Keller Williams Indy Metro S

Broker

shellyj9125@gmail.com

Email

Affordability Calculator

$2,072
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,841
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4045172 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2026$299,000 Listed Price

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3480 S Us 31, Franklin, IN, 46131 is a Commercial Property for sale at $299,000 with 1,954 sqft and a lot size of 3. The property's zip code is 46131 which is in Franklin, IN