117 5Th Ave N Franklin, TN 37064

This exceptional mixed-use property, located in Franklin's vibrant Historic District at 117 5th Ave N, offers a compelling investment opportunity. The 3,625 square foot building sits on a 0.09-acre lot and boasts a prime location, ensuring high visibility and accessibility. The structure is in excellent condition, with recent upgrades including a TPO (reflective membrane) roof, demonstrating a commitment to long-term maintenance. Currently fully leased to solid tenants, this property provides immediate and consistent cash flow. The leases are double net, meaning tenants cover taxes and insurance in addition to base rent, minimizing owner expenses. Lease terms are favorable, with one lease expiring in April 2025 and the other in August 2029, both featuring a 4% annual rent increase. Convenient rear entrances from the alley provide easy access for tenants and deliveries. The property's strong tenant base, coupled with the desirable location and excellent condition, makes this an attractive investment. Furthermore, the possibility of owner financing is available, making this opportunity even more accessible. This is a rare chance to acquire a well-maintained, income-producing property in the heart of Franklin's historic district.