Tuesday, February 27th, 2024 February27th2024

SOLD ALERT: Downtown Franklin Building Sold for $900/SF

Published on February 27th, 2024

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

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:
  • 339 Main Street is located in historic Downtown Franklin.
  • The attractive, two-story building was constructed in 1900.
  • Located between Parker House Hair Salon and Anthropologie Women’s Clothing Store, the narrow and deep building totals 4,815 SF.
  • At time of sale, the building was fully occupied by Carmichael Creel Investments plus 6 attorneys.
  • The seller is an occupant.
  • The buyer is a Dickson-based electrical contractor.
  • 30’ of frontage on Main Street.
  • No parking.
  • 2,614 SF land parcel.
  • Front and rear entrances.
  • Partial basement.
  • Exposed brick walls.
  • Wery well maintained.
  • The property just sold for $4,335,000…the equivalent of $900/SF.

 

 


Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


About Beau Beach, MBA CCIM

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

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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