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Mixed-Use Land for Sale in Franklin, North Carolina

423 Iotla St, Franklin, NC 28734

$975,000
2.4 acres
Active
Est $7,248/mo

Commercial opportunity awaits in downtown Franklin, NC! One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location for development. CITY water, sewer and Toccoa natural gas are available and the parcel is off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites. Picture 14 townhomes with a courtyard & dog park; 7 duplex homes with single-level living to attract senior residents; 4 to 10 single family homes (or lots); or a magnificent in-town estate nestled with privacy between the old oak trees. Rezoning for other opportunities is also possible. Owned by Dr. J.H. Fouts in the 1890's, this historic two-family home (with full apartment below) could be an absolute showplace! Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub and simply timeless charm. A beautiful 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive workshop/storage space. An open canvas of possibilities awaits on Iotla Street!

Location

Street address
423 Iotla St
Community
Franklin
Elevation
2,087 feet
Coordinates
35.1875, -83.3835

Directions

From Franklin take Main Street to the corner of Iotla, head north and property is on the right. Or take the Depot Extension to left on Iotla Street, property is on the left. Starts near the corner of Sanctuary Village and ends near the corner of White Oak Circle.

Property details

Acreage
2.41 acres
MLS #
FBR 26041932
Posted

Parcels

  • 6595027125

Details and features

Listing

Type
Land
Subtype
Single Family Residence

Exterior

Structures
Workshop
Features
House as Is

Listing history

DateEventPriceChangeSource
Aug 25, 2025New listing$975,000FBR
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This 2.41-acre property is located at 423 Iotla St in Franklin, NC 28734. The property is available for sale for $975,000 with a price per acre of $404,564.

Checked 1 hour ago — Updated

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