234 Public Sq , Franklin, TN 37064

Property ID: 2669175
Price: $5,250,000
Property Size: 4608 Square Feet
Garage Size: x x
Property Type: Retail, Commercial Sale
Property Status: Active
MLS#: 2669175

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$5,250,000
$6,750,000

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.