85 days on market
$849,000
115 E 2nd Ave
Franklin, Virginia 23851
MLS# 10620100 · ALL OTHERS AREA 67 · Franklin VA
Updated May 5, 2026 · Source: REIN MLS
Est. payment
$4,888/mo
Edit below
Price / sq ft
$38
22,154 sq ft
Days on market
85
HOA
None
Year built
1952
74 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
22,154
Garage
No
About this home
ENDLESS BUSINESS GROWTH OPPORTUNITY, EXTRA OPEN SPACE UPSTAIRS FOR MORE RENTAL INCOME. MORE GROWTH FOR FLEA MARKET EXPANSION WITH OVER 22 THOUSAND SQUARE FEET IN THIS HUGE WAREHOUSE. WITH A LITTLE LOVE, A FEW MORE TOUCH UPS, THIS WILL HAVE YOUR FINAL TOUCHES. THIS PROPERTY HAS STORE FRONTING TWO STREETS, ONE IS THE PRIMARY GATEWAY THROUGH FRANKLIN. EXCELLENT FOR ALL DOWNTOWN EVENTS. WITH OVER 85% BOOTHS CURRENTLY…
Listed by Christine Hill · Family First Realty Inc
VaHome Team property overview
115 E 2nd Ave is a substantial 22,154-square-foot commercial and industrial building on a 0.265-acre lot in Franklin, Virginia, originally built in 1952. Positioned in the heart of downtown Franklin, it offers rare large-footprint space in a compact, walkable city center.
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Why this home stands out
What sets 115 E 2nd Ave apart is sheer scale in a small-city setting. At over 22,000 square feet on a tight downtown lot, this 1952-built structure delivers industrial-era bones — thick walls, generous ceiling heights, and a floor plate that simply doesn't exist in newer suburban commercial parks. Franklin's downtown core is compact, which makes a building this size genuinely uncommon here.
ALL OTHERS AREA 67 and the Franklin real estate market
Franklin, Virginia sits in Southampton County in the western corner of Hampton Roads, and it punches above its weight for a city of roughly 8,000 residents. Downtown Franklin has a classic small-city grid — short blocks, brick storefronts, and a Blackwater River frontage that gives the area real character. When people weigh suburban vs urban trade-offs in this region, Franklin often surprises them: you get a walkable, connected downtown core without the density or traffic of Virginia Beach or Norfolk. The city has been investing in its riverfront, and that energy is visible within steps of this address. City Hall, the courthouse district, and the river walk are all nearby, making 115 E 2nd Ave genuinely central to Franklin's civic and commercial life. Southampton County's cost structure and Franklin's pro-business posture make this a different kind of opportunity than you'd find in the larger Hampton Roads metros to the east.
What's nearby
Daily logistics around 115 E 2nd Ave are straightforward. Hardee's and StoreHouse Coffee are essentially at the front door — zero miles out — so morning routines require almost no driving. Serve and ParkNShop #8 are both within a tenth of a mile for quick meals. Los Cerezos Latino Store handles grocery runs at 0.7 miles. TaylorMade Fitness VA is a short three-tenths of a mile away for midday workouts. Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch are both about two-tenths of a mile, putting the Blackwater River within easy walking distance. The Lighthouse Project coffee shop rounds things out at 0.7 miles.
For different buyers
For military families relocating
Joint Staff J7 Suffolk is roughly 38 minutes from 115 E 2nd Ave, making Franklin a realistic base for personnel stationed there who want to operate or invest in commercial space outside the immediate Suffolk market. VA loan benefits and BAH calculations for the Suffolk area are worth reviewing with a knowledgeable agent if you're exploring this corridor.
For buyers drawn to character
If you're drawn to buildings with history and presence, 115 E 2nd Ave delivers. Built in 1952, it carries the structural confidence of mid-century commercial construction — a period when buildings were made to last generations. Over 22,000 square feet of that era's craftsmanship, sitting right on Franklin's downtown grid, is a rare find for anyone who values authenticity over generic new construction.
Frequently asked questions
How far is 115 E 2nd Ave from Joint Staff J7 Suffolk?
The drive from 115 E 2nd Ave in Franklin to Joint Staff J7 Suffolk is approximately 38 minutes under normal traffic conditions, heading northeast via US-58.
What is the square footage of 115 E 2nd Ave, Franklin, VA?
The building at 115 E 2nd Ave totals 22,154 square feet, situated on a 0.265-acre lot in downtown Franklin.
What year was 115 E 2nd Ave built?
The structure was built in 1952, giving it over seven decades of commercial-grade construction history in Franklin's downtown core.
Is 115 E 2nd Ave in a flood zone?
Franklin and the Blackwater River corridor do have flood-mapped areas; the specific flood zone designation for 115 E 2nd Ave is detailed in the FloodRisk tile on this page.
Where is 115 E 2nd Ave located relative to downtown Franklin?
The address sits directly in Franklin's downtown grid, within two-tenths of a mile of Barrett's Landing Park and the City of Franklin River Walk Park Kayak Launch along the Blackwater River.
Want to dig deeper into 115 E 2nd Ave? Tom and Dariya Milan at LPT Realty know this market well — reach out and let's talk through what this property means for your goals.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
115 E 2nd AVE, Franklin
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
22,154
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$849,000
Price / Sq Ft
$38
Annual Taxes
$2,817
Monthly Tax
$235
HOA
None
Tax Rate (effective)
0.33%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 14, 2026 | $849,000 | — |
| Currently listed | — | $849,000 | — |
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$4,888/moPrincipal & interest
$4,405
Property tax
$235
Home insurance
$248
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Family First Realty Inc · MLS# 10620100
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$849,000
115 E 2nd AVE, FRANKLIN VA 23851
Franklin, Virginia 23851
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