Listed by Jamie Brandenburg of Compass RE (6154872100)
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.

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Based on information submitted to TN_REALTRACS as of November 9, 2024 8:55 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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