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    126 Franklin St Clarksville, TN 37040

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    For Sale
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    9,009 SF Retail, Residential, Basement

    Property size:
    9,009 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Clarksville, TN property at 126 Franklin St. offers a unique blend of retail and residential space, totaling over 9,000 square feet. Previously occupied by Grumpy's Bail Bonds, this two-story building boasts a full basement, adding significant versatility. The ground level features approximately 3,003 square feet of mixed-use retail space, complete with a one-bedroom, two-and-a-half-bathroom residential unit including a wet bar and kitchenette, and a separate reception area. Recent upgrades include a new roof and HVAC system. The second floor offers another approximately 3,003 square feet of residential space, encompassing three bedrooms, a bunk room, two full bathrooms, and massive walk-in closets, accessed via a private entrance. A mechanical room is also located on this floor. The expansive, partially finished basement provides an additional 3,003 square feet of potential. The 0.08-acre lot provides convenient street access on Franklin Street and rear access. An elevator is operational with a permit extending to January 31, 2025. This property presents a rare opportunity for a mixed-use investment in a vibrant downtown location.

    Property Features for 126 Franklin St

    General Information

    Property type
    Retail properties
    Square Feet
    9,009 SF
    Lot Size
    3,485 SF

    Building Details

    Stories
    2

    HighLights

    • 126 Franklin St., Clarksville, TN
    • Formerly Grumpy's Bail Bonds
    • Mixed‑use retail and residential building
    • Two‑story building with full basement, totaling over 9,000 square feet
    • New roof and HVAC system
    • Elevator permit valid until 1/31/25
    Property Profile Location Intelligence

    Current Use by Public Records

    Grumpy's Bail Bonds ... Bail Bonds Service

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Spa & Massage Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Montgomery
    State
    Tennessee
    Longitude
    -87.3590951
    Latitude
    36.5272404

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    FAQs

    What type of property is this?
    Retail property - 9,009 SF Retail, Residential, Basement
    Where is this retail property located?
    The property is located at 126 Franklin St Clarksville, TN.
    What are key features of this property?
    This property features: 126 Franklin St., Clarksville, TN; Formerly Grumpy's Bail Bonds; Mixed-use retail and residential building
    Request Owner's contact information
    126 Franklin St Clarksville, TN 37040
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    Clarksville, TN 37040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Franklin St Clarksville, TN 37040
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