Historic District Retail Property

117 5th N Ave, Franklin, TN 37064

View on Map

For Sale

$2,590,000

Fully leased retail property in Franklin's Historic District.

Type:Commercial/Industrial

Property size:

3,625 SF

Lot size:

0.09 Acres

Price / SF:

$714/SF

HighLights

Fully leased with solid tenants providing immediate income.
Excellent location in the Historic District of downtown Franklin.
Double net leases (taxes and insurance included).
Long‑term lease in place until 8/2029 with 4% annual increase.
Structural and mechanical items are in top shape.
Possible owner financing available.

We can help!

Listing Contact

Loy Hardcastle

For Sale

$2,590,000

Fully leased retail property in Franklin's Historic District.

Type:Commercial/Industrial

Property size:

3,625 SF

Lot size:

0.09 Acres

Price / SF:

$714/SF

Added:: Oct 26, 2024
Days on Market:: 598
Last Refresh:: May 20 at 12:08 am

Property Features for 117 5th N Ave

General Information

Standard status: Active
Size: 3,625 SF
Lot size: 0.09 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1924

We can help!

Listing Contact

Loy Hardcastle

Listing agent Loy Hardcastle License #268108

Listing office Parks Compass

Listing date Oct 26, 2024

Source Exitrealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Parks Compass

HighLights

Fully leased with solid tenants providing immediate income.
Excellent location in the Historic District of downtown Franklin.
Double net leases (taxes and insurance included).
Long‑term lease in place until 8/2029 with 4% annual increase.
Structural and mechanical items are in top shape.
Possible owner financing available.

Overview

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.

Property Profile 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

Similar Places Nearby

Always In Bloom, Inc. — 227 Franklin Rd, Franklin, TN 37064
Amelia's Flowers — 230 Franklin Rd, Franklin, TN 37064
Kroger Floral — 595 Hillsboro Rd Ste 305, Franklin, TN 37064

Location Insight

Map
Local Demand

City: Franklin
County: Williamson
State: Tennessee
Longitude: -86.8722
Latitude: 35.9245

Nearby Similar for Sale

$16,500,000

14,190 SF

Downtown Franklin Commercial Assemblage Opportunity

Prime 0.71-acre site in Downtown Franklin for mixed-use development.

206 E Main St, Franklin, TN 37064

View Details
$995,000

2,277 SF

Franklin Commercial Building with Garage

Commercial building with garage near downtown Franklin amenities.

1191 W Main St, Franklin, TN 37064

View Details
$5,000,000

6,070 SF

Historic Building in Franklin, TN

Iconic commercial building in historic district, multiple uses possible.

132 3rd Ave S, Franklin, TN 37064

View Details
$6,749,000

6,604 SF

Historic Downtown Franklin Adaptable Property

Historically significant property suitable for various uses in Downtown Franklin.

108 Bridge St, Franklin, TN 37064

View Details
$5,490,000

8,089 SF

Historic Downtown Franklin Office Building

Rare, historically significant property in Downtown Franklin's Historic District.

112 Bridge St, Franklin, TN 37064

View Details
$2,999,000

9,000 SF

Fully Leased Retail Property

Retail property for sale, fully leased.

426 Century Ct, Franklin, TN 37064

View Details
$950,000

2,470 SF

Premier Franklin Office Suites Available

Two office suites in Franklin, TN, ideal for investors/owner-occupants.

311 S Royal Oaks Blvd, Franklin, TN 37064

View Details
$525,000

1,120 SF

Move-in Ready Office Condo

Two-story office condo in Franklin's Cool Springs area.

106 Mission Ct, Franklin, TN 37067

View Details
$505,000

1,120 SF

Move-in Ready Office Condo

Two-story office condo in Franklin's Cool Springs area.

106 Mission Ct, Franklin, TN 37067

View Details
$2,000,000

2,310 SF

Williamson County Land with Historic Home

20+/- acre parcel with pre-Civil War home and barns.

9591 Clovercroft Rd, Franklin, TN 37067

View Details
Contact for pricing
6,059 SF

Downtown Franklin Former Bank Building

Former financial services building in desirable downtown Franklin, Tennessee.

213 5th Ave N, Franklin, TN 37064

View Details
$4,000,000

Assemblage on East Main Street

Assemblage available on East Main Street in Franklin, Tennessee.

206 E Main St, Franklin, TN 37064

View Details

For sale
Storefront properties
TN
Franklin
37064
117 5th N Ave

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 N Ave 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).

117 5th N Ave, Franklin, TN 37064

Fully leased retail property in Franklin's Historic District.

Property Features for 117 5th N Ave

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Downtown Franklin Commercial Assemblage Opportunity

Franklin Commercial Building with Garage

Historic Building in Franklin, TN

Historic Downtown Franklin Adaptable Property

Historic Downtown Franklin Office Building

Fully Leased Retail Property

Premier Franklin Office Suites Available

Move-in Ready Office Condo

Move-in Ready Office Condo

Williamson County Land with Historic Home

Downtown Franklin Former Bank Building

Assemblage on East Main Street

FAQs

Create New Password