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Historic Commercial Space in Franklin
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137 3rd Ave N, Franklin, TN 37064

Versatile commercial space in a historic downtown Franklin landmark.

Property Size3,697 SF
Lot Size0.36 Acres
Price / SF$3.13
Days on Market211

Property Features for 137 3rd Ave N

General Information

Standard status Active
Size 3,697 SF
Lot size 0.36 Acres
Listing Agency: Wilson Group Real Estate
Listed By: Grace Wirth
Source: Exprealty
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 25 at 9:28AM

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 Wilson Group Real Estate

Investment Insights

Based on property information with market context.

Located just off Franklin Square, this historic property, built before 1820, offers 3697 square feet of commercial space. The space is available immediately and can be leased as a whole or divided into separate portions. The property features first and second-floor spaces, multiple restrooms, and a shared common kitchen. Tenants have the option to make updates and improvements with owner approval. Existing furniture may remain for tenant use or be removed. Carport parking is available behind the building, along with a nearby parking garage and ample street parking. The lease terms are $35 per square foot with a minimum 3-year triple net lease. The property is located steps from Franklin Square, offering prime visibility and walkability to shops, dining, and professional services. This historic home is full of character and charm and offers an ideal space for businesses seeking a prestigious address in downtown Franklin.

Key Highlights

  • Prime Downtown Franklin Location: Steps from Franklin Square, offering high visibility and walkability to shops, dining, and services.
  • Versatile Commercial Space: 3,697 sq. ft. available, divisible for flexible use.
  • Historic Landmark: Located in Cherry Manor, a historic property with timeless character and charm.

Property Analytics

Current Use

Raymond James Financial ... Financial Advisor Ry Med Technologies ... Industrial Manufacturer The Howarth Group Financial Advisor

Suggested Use

Top Pick Storage Facility Auto Parts Store Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,794
Businesses Nearby

Demographics for 37064, TN

62,422
Population
25,302
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
94%
High-School Grad
184.0 sq mi
ZIP Area
339
Density / Sq Mi
$121,492
Median Household Income
$56,690
Median Earnings
$1,810
Median Rent
$664,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Versatile commercial space in a historic downtown Franklin landmark.
Where is this office units located?
The property is located at 137 3rd Ave N Franklin, TN.
What are key features of this property?
This property features: Prime Downtown Franklin Location: Steps from Franklin Square, offering high visibility and walkability to shops, dining, and services.; Versatile Commercial Space: 3,697 sq. ft. available, divisible for flexible use.; Historic Landmark: Located in Cherry Manor, a historic property with timeless character and charm.
More about this property
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