520 Main StFranklin, KY 42134
- Retail properties
- 7,260 SF
Property Details for 520 Main St
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 1.28 AC
- Property size (Sq ft)
- 7,260 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- 009-00-48-001.00
- APU
- 9004800100
Description
This exceptional 7,196 square foot retail property, located at 520 N Main St, Franklin, KY 42134, presents a prime leasing opportunity. The building features a versatile layout suitable for multiple tenants, currently offering 4,196 square feet of vacant space in a free-standing building or strip center configuration. The property sits on a 1.28-acre lot and boasts 39 total parking spaces, ensuring ample convenience for customers and employees. Its prominent location on Main Street, with a cross street of Roosevelt St, provides excellent visibility and accessibility. Large windows and a well-maintained exterior create an inviting storefront, while the interior space offers a blank canvas for customization. This high-traffic location in the thriving Franklin community offers unparalleled potential for businesses seeking a strong presence in a desirable area. The property's strategic placement ensures high visibility and easy access for potential customers, making it an ideal choice for businesses aiming to establish a lasting presence and capture significant market share. This is a rare opportunity to secure a well-positioned retail space in a vibrant Kentucky community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,843,645
- 6.5%
- $1,701,826
- 7%
- $1,580,267
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,574,851
- Geo Method
- $1,574,851
-
Alternative Use
- Use
- Valuation
- Residential
- $1,435,554
- Hospitality
- $1,314,960
- Educational
- $1,094,031
- Medical
- $1,131,656
- Retail
- $1,701,826
Location Insight
- City
- Franklin
- County
- Simpson
- State
- Kentucky
- Latitude
- 36.7287
- Longitude
- -86.578
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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