Tuesday, October 4th, 2022 October4th2022

Sold Alert: Downtown Franklin Retail Building Sold for $785/SF

Published on October 4th, 2022

Sold Alerts provide potential sellers with hard-to-get comparable sale information.



  • 238 Public Square is a 122-year-old masonry building overlooking Franklin’s cherished public square.
  • The building has just 2,548 SF spread across two floors.
  • The square footage is split evenly between retail space on the first floor and office space on the upper floor.
  • Occupied by the shoe store Boutique MMM, the property includes just 1,333 SF of land.
  • Zoned CS with no parking.
  • Listed on the National Register of Historic Places for having been the ticket office for Nashville-Franklin Interurban Railway.
  • The buyer put 20% down with financing from FirstBank at 5.3% interest for 5 years.
  • The property just sold for $2,000,000…the equivalent of $785/SF.

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About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville and the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com