205 Cedar St, Franklin, KY 42134-2125
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.
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Brickyard Cafe Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.