228 E Palmer Street Franklin, NC $ 1,500,000
228 E Palmer Street
$ 1,500,000
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228 E Palmer Street

Franklin, NC, 28734
$ 1,500,000
Bedrooms-- Baths-- Sq 24,574

Monthly Estimate*

$ 10,360

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Commercial Property for sale in Franklin, NC

for $1,500,000. This 24,574 square foot building was built in 1909 on a lot size of 0.37.

Discover the Historic Joines/Bryant Building, one of Downtown Franklin’s most iconic and substantial commercial properties. Spanning half a city block and offering an extraordinary blend of history, scale, and modern adaptability, this two-story landmark delivers a level of space and flexibility rarely found in the region. Whether you’re expanding an established enterprise, creating a multi-tenant investment hub, or envisioning a signature headquarters, this property is ready to meet the scope of your ambition. With 24,574 sq ft of finished, heated space plus an additional 6,079 sq ft of unfinished basement, the Joines/Bryant Building provides incredible room for offices, studios, retail, co-working, light production, wellness uses, creative businesses, or a mixed-use buildout. Its location, right in Franklin’s core business district, places you steps from restaurants, shops, festivals, and pedestrian traffic, ensuring exceptional visibility and convenience for employees, clients, and customers alike. The main structure at 228 E Palmer offers 20,122 sq ft of elegantly updated, furnished, split-level workspace. Features include an elevator, multiple lobbies, impressive glass-front offices, original refinished hardwood floors, numerous conference rooms, kitchenettes with appliances, water fountains, 12 total bathrooms, and abundant storage. Multiple HVAC systems deliver efficient climate control throughout. Much of the office furniture conveys at no additional cost, creating a turnkey opportunity for immediate occupancy. Connected to the main building is 208 E Palmer, an additional 1,434 sq ft suite with its own portico-style private entrance. Its layout allows for effortless separation or integration, making it ideal for a private practice, boutique retail storefront, dedicated client wing, or independent tenant. Rounding out the property are 226 and 224 E Palmer, totaling 3,018 sq ft. Both units are currently leased to stable tenants, providing immediate income and strengthening the investment profile for owner-users and investors alike. Operationally, the property is exceptionally well equipped: 13 HVAC units, a diesel generator with a double-walled 250-gallon tank, multiple upgraded systems, extensive wiring, and direct adjacency to a city parking lot that ensures easy access for staff and visitors. The building’s size, infrastructure, and layout options make it one of the most versatile commercial assets in Franklin. This is a rare chance to acquire a proven, adaptable, income-producing building with historical character and modern capability, all in a high-demand location. Properties with this level of scale, flexibility, and presence seldom come to market.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.37

Year Built

1909

Town/City

Franklin

County/Region

Macon

MLS | Web ID

4319743

Features
General
Sewer Public Sewer
Heating Central Electric Forced Air Heat Pump Natural Gas Separate Meters Other - See Remarks
Cooling Central Air Electric Heat Pump
Utilities Electricity Connected Fiber Optics Natural Gas Other - See Remarks
Roof Flat Rubber Other - See Remarks
Security Features Security System Smoke Detector(s)
Construction Materials Brick Partial
Exclusions All FF&E conveys except for what tenants own in units 206 & 208
Year Built 1909
Property Subtype Office
Parcel Number 6594194852
Elevation 2000
Additional Parcels Description 6594194744
County Macon
New Construction N
Property Type Commercial Sale
HOA N
Possible Use Commercial
Building Features Elevator
City Franklin
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions No Representation
Tax Assessed Value 2210940
Complex Name 9 Stewart St & 228 E Palmer
Listing Terms Cash Conventional
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Interior
Basement Storage Space Unfinished
Flooring Carpet Tile Wood
Basement (Y/N) Y
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Exterior
Parking Features Parking Lot
Lot Features Corner Lot Level
Water Source City
Inclusions Building Equipment Fixtures
Lot Size Area 0.37
Foundation Details Basement Pillar/Post/Pier Slab
Number of Buildings 2
Building Area Total 24574
Road Surface Type Paved
Other Parking City parking lot available right behind building offers ample parking.
Road Frontage Type City Street
Other Equipment Fuel Tank(s) Generator Network Ready
Road Responsibility Publicly Maintained Road
Road Frontage 110
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Internal Only
Street Number 1 228
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* Excluded Features
List By
Keller Williams Professionals

Broker

Affordability Calculator

$10,360
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$1,500,000 -21.05% Price Down
11/25/2025$1,900,000 Listed Price

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228 E Palmer Street, Franklin, NC, 28734 is a Commercial Property for sale at $1,500,000 with 24,574 sqft and a lot size of 0.37. 228 E Palmer Street was built in 1909. The property's zip code is 28734 which is in Franklin, NC