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Listed by Jamie Brandenburg • Compass RE
$5,250,000
Est. payment /mo
4,608 SqFt
Active
234 Public Sq Franklin, TN 37064
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UPDATED:
10/23/2024 01:22 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,608 sqft
Price per Sqft $1,139
MLS Listing ID 2669175
Property Description
Call for offers, October 9th, 2024 by 5:00pm CST. Seller pricing guidance starts at $5.25M with 5 year leaseback of the entire property for $270,000 annual triple net with 3% annual escalators. Do not disturb tenants in place. This ±4,608SF fully renovated commercial property offers a unique setup with a coffee shop and retail space downstairs, complemented by a co-working space with multiple conference areas upstairs. The building features soaring 12ft ceilings, original hardwood floors, a food prep area that can be converted into a full commercial kitchen, and a full-size basement, making it a versatile space for various business ventures. With 2 bathrooms, 4 dedicated parking spaces, and a prime location on the historic Franklin square, this property is an exceptional opportunity for entrepreneurs or investors alike. This historic building has 3 main entrance points on the front making it easy to divide the building out if so desired. Seller is willing to do a sale leaseback.
Location
State TN
County Williamson County
Zoning Commercial
Interior
Fireplace N
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