Commercial Land for Sale in Franklin, Indiana

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 nearly 650ft of Frontage on US-31, 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, Retail, 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.