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117 5Th Ave N Franklin, TN 37064

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Pending
$2,590,000

Fully leased retail property in Franklin's Historic District.

Property size:
3,625 SF
Lot size:
0.09 Acres

Property Features for 117 5Th Ave N

General Information

Standard status
Pending
Size
3,625 SF
Lot size
0.09 Acres

Building Details

Year built
1924

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Listing Contact
Loy Hardcastle
Source: Exitrealty

Listing Agency: Parks Compass Listing Agent: Loy Hardcastle

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic District Retail Property

Located in the Historic District of downtown Franklin, this retail property features structural and mechanical systems in optimal condition. The roof is constructed with a TPO reflective membrane. The property is fully leased with established tenants and includes rear entrances accessible from the alley. The current lease for unit 117-A 5th Ave is set to expire in April 2025, while the lease for unit 117-B 5th Ave extends until August 2029, with a 4% annual increase. The leases are structured as double net leases, incorporating taxes and insurance as additional rent. The property size is 3,625 square feet. Owner financing options may be available.
Location Intelligence

Current Use by Public Records

Native Matter Clothing & Fashion Store Hop House Tennessee ... Bar & Pub Mt Xia Inc. ... Business Management Consultant Shannon Hazelton Hair Salon

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Always In Bloom, Inc., Amelia's Flowers, Kroger Floral

Location Insight

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  • Local Demand
City
Franklin
County
Williamson
State
Tennessee
Longitude
-86.8721698
Latitude
35.9244583

FAQs

What type of property is this?
Storefront property - Fully leased retail property in Franklin's Historic District.
Where is this storefront property located?
The property is located at 117 5Th Ave N Franklin, TN.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: - Fully leased with solid tenants providing immediate income.; - Excellent location in the Historic District of downtown Franklin.; - Double net leases (taxes and insurance included).
More about this property
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