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For Sale

3480 S Us Highway 31

3480 S Us Highway 31, Franklin, IN 46131

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.

Key features

  • 1 unit
  • Built in 1919
  • Nearly 650ft of Frontage on US 31
  • Strategic location in Franklin area
  • Zoned GC
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Shelly Johnson

Keller Williams Indy Metro South

Building Details

  • For Sale $299,000
  • Property Type Retail - Street Retail
  • Property Size 1,954 SF
  • Units 1
  • Lot Size 3 Acre
  • Year Built 1919
  • Date Updated May 14, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (15)
  • Bike Score ®

    Somewhat Bikeable (26)
Powered by Walk Score ®

Location

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

Points of Interest

Circle K

4.90 miles

Speedway

5.05 miles

Casey's General Store

5.26 miles

Marathon

5.45 miles

BP

6.23 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

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

3480 S Us Highway 31 Listing Summary

  • What is the asking price at 3480 S Us Highway 31?

    3480 S Us Highway 31 is currently listed for sale at Contact for pricing.

  • What is the total size of 3480 S Us Highway 31?

    3480 S Us Highway 31 has a total of 1,954 square feet.

  • What is the year built for 3480 S Us Highway 31?

    The year built for 3480 S Us Highway 31 is 1919.

Contact Listing Broker
broker
Shelly Johnson

Keller Williams Indy Metro South

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