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    OFF-MARKET
    Turn key restaurants

    205 Cedar St, Franklin, KY 42134-2125

    12,348 SF 0.11 ac lot Built 1900
    Entity Owned Free & Clear
    Property ID
    US34-1962875
    Property summary
    AI-generated overview

    This exceptional commercial property at 205 W Cedar Street in Franklin, Kentucky presents a unique investment opportunity. The building boasts a rich history and substantial square footage, totaling 12,000 square feet spread across three floors. The main floor, encompassing 4,000 square feet, is already developed as a restaurant/bar space, providing immediate income potential or a turnkey operation for a new owner. The remaining 8,000 square feet across the two upper floors offer significant flexibility and are currently wide open, ready for build-out to suit a variety of commercial uses. Imagine the possibilities – additional restaurant space, office suites, apartments, or a mixed-use development. The property's prime location, just one block from Franklin's vibrant town square, ensures high visibility and accessibility. The square itself is a hub of activity, hosting regular music events, shopping opportunities, car shows, and various festivals throughout the year, guaranteeing a steady stream of potential customers. This 0.11-acre lot provides ample space for outdoor seating, parking, or future expansion. The building's historic character adds undeniable charm and appeal, making it an ideal investment for those seeking a blend of established infrastructure and exciting development potential. This is a rare chance to acquire a significant piece of Franklin's commercial landscape. The asking price is $690,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1900
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 12,348 SF
    Lot 0.11 ac (4,800 SF)
    APN 013-00-18-002.00
    UPID US34-1962875
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Brickyard Cafe Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    BRICKYARD CAFE INC
    BRICKYARD CAFE INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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