For Sale $895,000
Prime Commercial Opportunity with Dual Residences on 1.8 Acres – Endless Potential! Unlock the potential of this rare 1.8-acre commercial property featuring approx. 161 feet of high-visibility road frontage on a busy thoroughfare. Zoned FC2 Small Commercial, this unique offering includes two combined parcels being sold as one, providing exceptional flexibility for development, investment, or live-work opportunities. On the property are two homes—a smaller move-in ready residence, perfect for office space or immediate rental income, and a larger character-filled home ready for renovation, ideal for repurposing or redevelopment. Whether you’re looking to build a retail space, boutique business, office suites, or a mixed-use concept, this property delivers the zoning, frontage, and location to make it happen. The best part? You can maintain residential use as well, making it an excellent fit for entrepreneurs who want to live and work on-site! Agent is related to the seller.
| List Price: | $895,000 |
| Status: | For Sale |
| Bedrooms: | 8 |
| Type: | Portfolio |
| Parking: | Attached Carport, Detached Carport |
| MLS Number: | CAR4271042 |
| Year Built: | 1915 |
| Sewer Type: | Public Sewer |
| Elementary: | East Franklin |
| Middle: | Macon |
| High: | Franklin |
| Date | Event | Price | $/SQFT |
| 11-20-2025 | Price Decrease | $895,000-8.21% | N/A |
| 08-16-2025 | Price Decrease | $975,000-2.50% | N/A |
| 07-03-2025 | Listed | $1,000,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 130 1st Street, Franklin NC | 0 mi | $895,000 | days | |
| 2 Pleasant Hill Drive, Franklin NC | 0.3 mi | $499,000 | days | |
| 329 Highland Drive, Lincolnton NC | 0.4 mi | $310,000 | days | |
| 211 Greenbrier Street, Franklin NC | 0.5 mi | $279,000 | days | |
| 125 Dearmin Terrace, Franklin NC | 0.5 mi | $259,900 | days | |
| 34 Kingston Street, Franklin NC | 0.6 mi | $398,500 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By NorthGroup Real Estate LLC
130 1st Street, Franklin NC is a ft2 on a 1.800 acres Appraisal lot. This is for $895,000. This has 8 bedrooms, baths, and was built in 1915.
Based on information submitted to the MLS GRID as of 2025-07-03 11:15:39 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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