205 Cedar StFranklin, KY 42134

  • Turn key restaurants
  • 12,348 SF
For Sale
$690,000 View listing

Property Details for 205 Cedar St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.11 AC
Property size (Sq ft)
12,348 SF
Property type
Turn key restaurants
APN
013-00-18-002.00
APU
13001800200

Description

This exceptional commercial property at 205 W Cedar Street in Franklin, Kentucky presents a unique investment opportunity. The building boasts a rich history and substantial square footage, totaling 12,000 square feet spread across three floors. The main floor, encompassing 4,000 square feet, is already developed as a restaurant/bar space, providing immediate income potential or a turnkey operation for a new owner. The remaining 8,000 square feet across the two upper floors offer significant flexibility and are currently wide open, ready for build-out to suit a variety of commercial uses. Imagine the possibilities – additional restaurant space, office suites, apartments, or a mixed-use development. The property's prime location, just one block from Franklin's vibrant town square, ensures high visibility and accessibility. The square itself is a hub of activity, hosting regular music events, shopping opportunities, car shows, and various festivals throughout the year, guaranteeing a steady stream of potential customers. This 0.11-acre lot provides ample space for outdoor seating, parking, or future expansion. The building's historic character adds undeniable charm and appeal, making it an ideal investment for those seeking a blend of established infrastructure and exciting development potential. This is a rare chance to acquire a significant piece of Franklin's commercial landscape. The asking price is $690,000.

Location Insight

City
Franklin
County
Simpson
State
Kentucky
Latitude
36.7221
Longitude
-86.5797

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,435
-
-
$261,500
-
-
-
$261,500

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