515 Main Street, Franklin, LA 70538 (MLS# 2500001065)

515 Main Street, Franklin, LA 70538

$412,000
Property Type: Comm Bldg Sale/Lease Baths: 2 Square Footage: 11,484 Lot Size (sq. ft.): 43,560 Status: Active
Current Price: $412,000 List Date: 7/09/2025 Last Modified: 7/29/2025

Description

Opportunity awaits in the charming town of Franklin, LA, where this vacant grocery store sits proudly across from St. Mary Parish Courthouse in the heart of downtown. A fixture of the community for generations, this property is woven into the fabric of Franklin's history and now offers a new owner the opportunity restore essential services to the community, Spanning approximately 11,484 sqft, the building comes fully equipped from its previous life as a grocery store—including cash registers, POS terminals, shelving, commercial coolers and freezer, box crusher and more. BONUS: additional equipment worth approx $60,000 stored at an off-site location is also included with the sale. PLUS: a powerful 175kw diesel generator that auto-starts within minutes after loss of electricity and capable of running the entire building and all systems; a 3yr old 20 ton HVAC system with a 5yr transferrable warranty on the compressor; and a five year old roof ensure comfort and energy efficiency. The sale includes both the main building lot and the adjacent parking lot, offering convenience and accessibility for customers and staff. Whether you envision a full-service grocery, a specialty retail concept, or a fresh new take on local commerce, this property offers the perfect foundation. Don't miss this rare chance to bring new energy to a beloved piece of Franklin's downtown and create something lasting in a place rich with history.

Supplements: ********

More Information MLS# 2500001065

Listing Info

Delayed Marketing: No For Sale: Yes For Lease: No List Price/SqFt: 35.88 Document Modified: 2025-07-09 15:41:46.114854 Status: Active Listing Date: 2025-07-09 Listing Price: 412000 Current Price: $412,000 Modification Timestamp: 2025-07-29T16:39:10Z Photo Modified: 2025-07-29T16:39:10Z

Location, Tax & Legal Info

Multiple Tax Parcels: 2264681175 2264681414 Legal Desc: LOT BD LAWLESS ET AL - MAIN ST - YOUNGER - FIRST ST ACQ 426 338734 LOT BD CONNOLY - MAIN ST - KRAMER - FIRST ST ACQ 426 338734

Location

Downtown: 1 Historic Area: 1

General Property Description

Approximate Age: 51 - 75 Years Lot Dimensions: Irregular Stories: 2 SqFt - Total: 11484 SqFt - Source: Approximate Mineral Rights: Negotiable Property Condition: Resale Acreage Range: 1 - 2.99 SqFt - Retail: 0 SqFt - Office: 0 SqFt - Warehouse: 0 # Offices: 2 Current Use: Vacant Acres: 1 Total Baths: 2

Sale/Lease Info

Lease Purchase: No Est Bldg Ins: 1200

Remarks & Misc

Remarks: Opportunity awaits in the charming town of Franklin, LA, where this vacant grocery store sits proudly across from St. Mary Parish Courthouse in the heart of downtown. A fixture of the community for generations, this property is woven into the fabric of Franklin's history and now offers a new owner the opportunity restore essential services to the community, Spanning approximately 11,484 sqft, the building comes fully equipped from its previous life as a grocery store—including cash registers, POS terminals, shelving, commercial coolers and freezer, box crusher and more. BONUS: additional equipment worth approx $60,000 stored at an off-site location is also included with the sale. PLUS: a powerful 175kw diesel generator that auto-starts within minutes after loss of electricity and capable of running the entire building and all systems; a 3yr old 20 ton HVAC system with a 5yr transferrable warranty on the compressor; and a five year old roof ensure comfort and energy efficiency. The sale includes both the main building lot and the adjacent parking lot, offering convenience and accessibility for customers and staff. Whether you envision a full-service grocery, a specialty retail concept, or a fresh new take on local commerce, this property offers the perfect foundation. Don't miss this rare chance to bring new energy to a beloved piece of Franklin's downtown and create something lasting in a place rich with history.

Office/Member/Contract Info

List AOR: RAA

Property Type

Retail: 1 Shopping Center: 1 Other: 1

Price Includes

Furn/Fixtures/Equip: 1 Real Estate: 1

Parking

Concrete: 1 On Site: 1 Parking Lot: 1

Road Frontage

Curb & Gutter: 1 Paved: 1 Public Street: 1

Construction

Brick: 1

Features

Handicap Design: 1 Intercom: 1 Walk-in Freezer: 1

Foundation

Slab: 1

Exterior

None: 1

Roof

Rubber: 1

Heating

Central: 1 Heat Pump: 1

Cooling

Central Air: 1

Gas

Available: 1 individual Meter: 1

Electricity

3 Phase: 1 Individual Meter: 1

Sewer

Public Sewer: 1

Water Source

Public: 1 Water Company: City of Franklin

Security Features

Security System: 1

Financing

Cash: 1 Conventional: 1 Other: 1

Documents List

Flood Determination Disclosure: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20250707033415256465000000 Originating System Listing ID: 2500001065 Originating System Name: RAA Flex

Location Tax Legal Info

Street Number: 515 Street Name: Main St Suffix: Street Parish: St Mary State: LA Zip Code: 70538 Subdivision: None Area: St. Mary Tax Assessment Number: 2264681175 Zone: Business Directions: From Hwy 90 Take Northwest Blvd Exit -Turn RIGHT onto Chatsworth Rd - Turn LEFT onto Iberia St - Turn RIGHT onto Main St - STRAIGHT across Willow St - 5th Building on Right - Parking Lot side of building

Property Features

Property Type: Retail; Shopping Center; Other Location: Downtown; Historic Area Road Frontage: Curb & Gutter; Paved; Public Street Features: Handicap Design; Intercom; Walk-in Freezer Exterior: None Heating: Central; Heat Pump Cooling: Central Air Gas: Available; individual Meter Electricity: 3 Phase; Individual Meter Sewer: Public Sewer Water Source: Public Construction: Brick Roof: Rubber Parking: Concrete; On Site; Parking Lot Foundation: Slab Financing: Cash; Conventional; Other Price Includes: Furn/Fixtures/Equip; Real Estate Security Features: Security System Documents List: Flood Determination Disclosure
Listing Office: EXP Realty, LLC
Last Updated: July - 29 - 2025
515 Main Street, Franklin, LA 70538- MLS# 2500001065
Broker Attribution: 337-522-7554

The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.