115 5th Ave, N
115 5th Ave, N
115 5th Ave, N
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Courtesy of Parks Compass, Loy Hardcastle Listing Contact: 6159483704 
$1,250,000

115 5th Ave, N

1,302 Sq.Ft. 3,920.4 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 expires 11/2029 w/ 4% annual increase. Double net leases (includes taxes and insurance as "additional rent"). Possible owner financing available.

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Location

115 5th Ave, N, Franklin, TN 37064

Status

Sold

Date Sold

May 23, 2025
Loy  Hardcastle

Loy Hardcastle

Property Amenities

Area & Lot
Total area 1,302 Sq.Ft.
Lot Area 3,920.4 Sq.Ft.
Living area 1,302 Sq.Ft.
MLS® ID 2752309
Year Built 1924
Type Commercial
Status Sold
Exterior
Security Features Fire Alarm
Roof Membrane
Finance
Sales Price $1,250,000

The Brownstones

35.92506° N, -86.86889° W

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He brings unmatched local knowledge, trusted relationships, and proven results to every transaction. Consistently ranked among the nation's top agents, he specializes in residential, commercial, and historic properties throughout Franklin, Williamson County, and Middle Tennessee, providing expert guidance and dedicated service from start to finish.