Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 201 E 2nd Street, a versatile 2-story commercial property located in the heart of downtown Franklin, Ohio. Situated on 1.69 acres, with 14,606 SF, this well-positioned building offers excellent visibility, strong traffic counts, and convenient access to I-75, making it an ideal location for retail, office, or mixed-use redevelopment.
Surrounded by charming small-town amenities, parks, and local businesses, the property sits within Franklin’s revitalization corridor, offering potential for growth and long-term value. Whether you're an investor, owner-occupant, or developer, this is a rare opportunity to own a piece of Main Street frontage in one of Southwest Ohio’s most strategically located towns, north of Cincinnati, south of Dayton.
Key Features:
Centrally located in historic downtown Franklin
Flexible Mixed-Use Zoning
Ideal for retail, office, or mixed-use conversion
Strong surrounding demographics and redevelopment momentum
Bidder Registration
All prospective bidders must be pre-approved to bid.
Prospective bidders wishing to be approved must submit the following items no later than July 22, 2025:
Submit evidence of financial capability by emailing to kurt@prodigyprop.com
Submit bidder executed Purchase and Sale Agreement ?View Below
Auction Date / Times
Auction Starts: Live Now
Auction Ends: July 23, 2025 @ 2pm ET
Sale Terms
A 10% (ten percent) buyer's premium will be added to the highest acceptable bid to determine the final purchase price
As-Is, Where-Is
10% deposit of the final purchase price must be immediately wired to the Receiver’s title company and received within 24 hours of the auction end
Sold free and clear of all liens
Taxes are prorated to the day of closing
Receiver will convey insurable title
Financing contingencies are not permitted
Due diligence contingencies are not permitted
Subject to court approval
Tour Dates
Email kurt@prodigyprop.com with questions or to schedule a tour.
Receiver may, in its sole discretion, accept or reject any offer or bid, for any reason, at any time, without notice.