$399,000
About this home
Creative opportunity awaits at 337 Central Street in downtown Franklin Falls. This mixed-use building is ready for renovation, offering the potential for up to 3 commercial units along with a penthouse-style residential space on the second floor and the possibility of a rooftop garden. The front façade has been refreshed, and each potential storefront features large street-facing windows that provide natural light and excellent display space. A separate, grand entrance with a wide staircase leads to the second floor, creating an impressive foundation for future residential or additional commercial use. Located along Central Street with high daily traffic counts and convenient on-street parking, the property offers strong visibility in an area experiencing continued revitalization. Bring your plans and restore this downtown building while helping shape the next chapter of Franklin’s Central Street.
Property details
- MLS
- Prime MLS
- MLS #
- 5098382
- Property type
- Commercial Sale
- Subdivision
- N/A
- Status
- Active
- Days on market
- 37
- On market date
- N/A
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.09 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 103
- Student:teacher ratio
- 6.9:1
- District
- Compass Classical Academy Charter School
- Enrollment
- 357
- Student:teacher ratio
- 11.5:1
- District
- Franklin School District
- Enrollment
- 267
- Student:teacher ratio
- 11.1:1
- District
- Franklin School District
Walkability
Blended score for Franklin's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/19/26.