117 5th Avenue North

Franklin, TN 37064

$2,990,000
Price
Beds
3,625 Sq. Ft.
$825 / Sq. Ft.
3,625
Sq. Ft.
$825
per Sq. Ft.

Description

Located in the Historic District in downtown Franklin. Excellent location! Structural and mechanical items are in top shape. Roof is TPO (reflective membrane). Fully leased with solid tenants. Rear entrances from alley. Current lease expiration for 117-A 5th Ave expires 4/2025 and 117-B 5th Ave 8/2029 with 4% annual increase. Double net leases (includes taxes and insurance as “additional rent”).Located in the Historic District in downtown Franklin. Excellent location! Structural and mechanical items are in top shape. Roof is TPO (reflective membrane). Fully leased with solid tenants. Rear entrances from alley. Current lease expiration for 117-A 5th Ave expires 4/2025 and 117-B 5th Ave 8/2029 with 4% annual increase. Double net leases (includes taxes and insurance as “additional rent”).
  1. Listed by Loy Hardcastle • Parks Compass • 6159483704

Property Details for 117 5th Avenue North

Waterfront
No
LISTING UPDATED: 12/06/2024 10:28 AM

Property Details for 117 5th Avenue North

StatusActive
MLS #2752312
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1924
Lot Size0.09 AC / 3,920 SF
CountyWilliamson County

Building Information for 117 5th Avenue North

Stories-Residences-Year Built1924Lot Size0.09 AC / 3,920 SF

Property Information for 117 5th Avenue North

Summary
Location and General Information
  • Directions: Main Street, right on 5th Ave N (at Starbucks), property on the left. From Nashville via Hillsboro Rd (US 431S), becomes 5th Ave N, property on the right.
  • Mlg Can View: Yes
  • Zoning: Commercial
Parking
  • Parking Total: .00
Property
Building Information
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Parcel Number: 094078C B 02700 00009078C
  • Lot Size Area: 0.09
Property and Assessments
  • Documents Count: 1
  • Possession: Negotiable
  • Security Features: Fire Alarm
Utilities
  • Cooling: No
  • Heating: No
Interior and Exterior Features
Exterior Features
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Roof: Membrane
Rental Information
Rental Information
  • Total Actual Rent: $0

Property History for 117 5th Avenue North

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 5th Avenue North

Taxable ValueLand$270,000Additions$88,720Total$358,720
Tax Record2023$9,761 ($813 / month)
Home Facts
Total Finished SqFt3,625 SqFtAbove Grade Finished SqFt3,625 SqFtStories1Lot Size2,614 SqFtStyleStoresYear Built1920Year Renovated1993CountyWILLIAMSONAPN094078C B 02700

Schools near 117 5th Avenue North

This home is within Franklin School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Poplar Grove K-4
PublicPK to 4

Johnson Elementary School
PublicPK to 4

Poplar Grove 5-8
Public5 to 8

Franklin High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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117 5th Avenue North is a mixed use property for sale in Franklin, TN 37064. This property was listed for sale on October 24, 2024 by Parks Compass, it's currently listed at $2,990,000. This listing's school districts are Franklin School District, Williamson County School District. Nearby schools include Poplar Grove K-4, Johnson Elementary School and Poplar Grove 5-8. 117 5th Avenue North is a 0-bed, 0-bath, 3,625 sqft mixed use property built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Parks Compass, Loy Hardcastle (615.948.3704)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 12/06/2024 10:28 AM