3480 S Us Highway 31

For Sale

3480 S Us Highway 31, Franklin, IN 46131

This Franklin property for sale is located at 3480 S Us Highway 31. The current listed sale price for 3480 S Us Highway 31 is $299,000. 3480 S Us Highway 31 is situated on a lot that is 3 acre in size.

Contacts

Shelly Johnson

Keller Williams Indy Metro South

Property Details

  • Property Type Retail - Street Retail
  • Property Size 1,954 SF
  • Units 1
  • Lot Size 3 Acre
  • Year Built 1919
  • Date Updated May 14, 2026
Positioned along U.S. Highway 31 in Franklin this property benefits from consistent daily traffic connecting Indianapolis to Columbus. One of the primary north-south corridors in central Indiana. The site offers strong visibility with easy ingress and egress, making it ideal for businesses that rely on drive-by exposure and accessibility.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 steady daily traffic flow, 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, Self-Storage, 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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Highlights

  • 1 unit
  • Built in 1919
  • Nearly 650ft of Frontage on US 31
  • Strategic location in Franklin area
  • Zoned GC

Getting around

  • 15/100

    Walk Score ®

  • 26/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Franklin, IN
  • Zip Code 46131
  • Market Indianapolis

Points of Interest

  • Shell

    4.00 miles

  • Circle K

    4.90 miles

  • Speedway

    5.05 miles

  • Casey's General Store

    5.26 miles

  • Marathon

    5.45 miles

  • BP

    6.23 miles

  • Grizzley Park Lot

    3.97 miles

  • Spurlock Lot

    4.09 miles

  • Park Avenue Lot

    4.10 miles

  • Dietz Center Lot

    4.12 miles

  • Hamilton Lot

    4.16 miles

  • Elsey Lot

    4.17 miles

  • Goodell Lot

    4.17 miles

  • Physical Plant Lot

    4.19 miles

  • Cline Lot

    4.20 miles

  • Fitness Center Lot

    4.22 miles

  • Old Towne Beer Hall & Growler Co

    4.55 miles

  • 1823 Bakehouse

    4.56 miles

  • Maye's Grill Express

    4.57 miles

  • Greek's Pizzeria

    4.59 miles

  • Popz Pizza

    4.85 miles

  • Tsisted Silcilian

    4.95 miles

  • Pizza Hut

    5.17 miles

  • DQ Grill & Chill

    5.20 miles

  • Wendy's

    5.23 miles

  • Applebee's

    5.30 miles

  • Kohl's

    5.33 miles

  • Jay C

    6.01 miles

  • Walmart Supercenter

    6.20 miles

  • Meijer

    6.56 miles

  • Indiana Premium Outlets

    8.40 miles

  • La Guanajuato

    9.84 miles

Contact Listing Broker
Shelly Johnson

Keller Williams Indy Metro South

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