507 N MAIN ST

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507 N MAIN ST

FRANKLIN, KY 42134-1858
Asking Price
$350K
Asset Type
Storefront Retail
Class
Class B

What's Special

Premier Main Street Commercial Property with Exceptional Visibility and Traffic Exposure <ul><li>​Prime location on highly traveled US-31W (North Main Street)</li><li>​Situated at the intersection of North Main Street and North College Street</li><li>​Approximately 14,000 vehicles per day (AADT)</li><li>​B-2 Commercial Zoning</li><li>​2,397± SF commercial building</li><li>​Strong visibility and signage opportunities</li><li>​Two restroom facilities</li><li>​Centrally located within Franklin's retail and service district</li><li>​Minutes from Interstate 65 and the Tennessee state lin

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times