510 Franklin Street

Description

This is the whole north half of the block directly south of the Library. Excellent development location. 300 ft of frontage, 135 ft depth, city alley, public utilities, zoned B-2 Commercial Highway Business. All 4 vacant lots are in a TIF District & an Enterprise Zone. Seller has good Phase 1 report. Near gas station & firehouse. Cross street leads N. to Carlyle Lake & Recreation Area. Near County Court House, City Hall, Police Station & Clinton County Health dept. Also, a great development site for higher quality apartments, town homes, & affordable senior housing. Other development potential is for professional buildings, medical office buildings, retail mall or affordable daycare. Lots are slightly sloped going E., which will allow easy & affordable gravity flow storm water detention design, if required. 4 parcels are: 08-08-19-132-004, 08-08-19-132-003, 08-08-19-132-002 & 08-08-19-132-001.