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1507 N Main Street

Franklin, IN 46131

ActiveListed Jun 20, 2026 · 21 days on market

Key facts

Living area
1,710 sqft
Lot
0.23 acres
Year built
1950
Type
Commercial Sale · Office
MLS #
22109397
County
Johnson
Total building area
1,710 sqft

About this home

FLEXIBLE COMMERCIAL SPACE on MAIN THOROUGHFARE w/ 18 PARKING SPOTS. 7 INDIVIDUAL OFFICE ROOMS (only 2 pictured) w/ COMMON SPACES of LOBBY, FULL BATHROOM, KITCHENETTE, and PARKING. UNVERIFIED but likely USES INCLUDE: Medical Office, Dental Office, Veterinary Clinic, Financial Planner / Wealth Management Office, Insurance Agency, Real Estate Brokerage, Mortgage Company, Law Office, Co-Working Space / Executive Suites, Day Care Center, Church, Boutique Used Car Dealership, Fitness Studio, Med Spa, Physical Therapy Clinic, Chiropractic Office, Yoga or Pilates Studio, Boutique Coffee Shop, Coffee Roastery & Cafe, Cafe / Sandwich Shop, Accounting / CPA Office, Title Company, Business Consulting Office, Nonprofit Organization Office, Event Venue / Training Center, Boutique Retail Store, Barber Shop or Beauty Salon, Massage Therapy Studio, Photography Studio, Insurance Claims or Restoration Office, Property Management Office, Wealth Management & Investment Firm, Small Business Incubator, Networking & Meeting Center, Pet Supply & Grooming Boutique (without outdoor kennels), Specialty Vehicle Sales (Luxury, Exotic, Classic, or Off-Road), Mortgage, Lending, or Financial Services Center. See attachments for Franklin City zoning docs.

Description provided by the listing brokerage.

Exterior

Roof
AsphaltFlatRubberShingle
Parking and garage
AttachedCommonAsphalt

Systems

Heating
ZonedForced AirNatural Gas
Cooling
Central Air
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
MXC - Mixed Use Community

Schools

High school
Franklin Community High School
School district
Franklin Community School Corp

Taxes

Estimated annual tax
$3,698 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$3,004per month, estimated
Principal and interest $2,520Property tax $308Insurance $175
20% · $100,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$500,000
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