Franklin, Pennsylvania Commercial Real Estate 1 Listing

Franklin, Pennsylvania: A Premier Destination for Commercial Real Estate

Introduction

Franklin, Pennsylvania, offers a compelling opportunity for commercial real estate (CRE) investors and developers. Nestled in Venango County, this small city is strategically positioned within the Oil Region National Heritage Area, known for its rich history in the oil industry. Franklin's economy is driven by a diverse mix of industries, including manufacturing, healthcare, and retail, making it an attractive location for various types of CRE investments.

Economic and Industry Overview

Franklin's economic landscape is characterized by its strong manufacturing sector, complemented by healthcare and retail industries. The presence of these industries fuels demand for various commercial property types, including industrial spaces, office buildings, and retail outlets. The city benefits from initiatives by regional economic development agencies like the Northwest Pennsylvania Regional Planning & Development Commission, which supports business growth and infrastructure development.

Strategic Location and Transportation Infrastructure

Franklin boasts a strategic location with access to major transportation networks. The city is served by U.S. Route 322 and State Route 8, providing excellent connectivity for distribution and logistics operations. Additionally, the nearby Venango Regional Airport facilitates air travel and cargo movement. Proximity to major labor pools and key markets adds to Franklin's logistical advantages.

Commercial Real Estate Inventory & Zoning

The city's CRE landscape includes diverse submarkets such as the Central Business District (CBD) and industrial corridors. Notable asset classes include industrial, retail, and medical office spaces. Franklin supports development through favorable zoning regulations and incentives. For more detailed zoning information, refer to the City of Franklin Zoning Maps.

Major Employers and Institutions

Franklin is home to major employers like UPMC Northwest, Joy Global, and various educational institutions. These entities drive significant demand for commercial properties. The city's economic growth is further supported by partnerships with the Franklin Area Chamber of Commerce, which fosters business development.

Notable Commercial Developments & Projects

Franklin is witnessing exciting commercial developments, including mixed-use projects and public-private partnerships. The inclusion of Opportunity Zones provides additional incentives for investors. For more information on upcoming projects, visit the Franklin Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Franklin offers a range of planning and development tools:

Market Data & Economic Reports

Explore public datasets such as census.gov and Franklin's Open Data Portal for market insights. Brevitas enhances your search with AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Franklin here.

Why Use Brevitas for Franklin, Pennsylvania CRE?

Brevitas offers unparalleled CRE discovery in Franklin, Pennsylvania, with AI-driven tools, real-time market alerts, and smart property pages. Key features include: