236 2nd S Ave Franklin, TN 37064-2690
This exceptional mixed-use property, located at 236 2nd Ave S in the heart of downtown Franklin, Tennessee, presents a unique investment opportunity. Boasting 10,064 square feet of versatile space, this building is ideally situated just two blocks from the historic Franklin square, capturing the charm and character of this vibrant city. The property sits on a 0.67-acre lot and offers a multitude of potential uses, including but not limited to offices, showrooms, private clubs, co-working spaces, conference centers, or training facilities. The expansive interior features spacious rooms and adaptable layouts, allowing for creative customization to suit a wide range of business needs. Convenience is a key feature, with ample parking provided for 8-10 vehicles, ensuring easy access for clients and employees. Priced at $5,950,000, this property represents a rare chance to acquire a significant piece of Franklin's rich history and promising future. The building's prime location and substantial square footage make it an attractive prospect for investors seeking a high-impact commercial venture in a thriving downtown setting. Don't miss this opportunity to own a piece of Franklin's legacy.
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
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.