Property details
Description of 414 Main St, Franklin, TN 37064
2nd floor above McCreary's Irish Pub & Eatery in downtown Franklin. First 12-month incentive. $2150 per month. Full Service plus $250 utility fee. 2nd year rate of $2950.00. Historic Downtown Franklin 2nd-level loft office. Street Entrance. 800+- sq. ft. 2 offices, one bath with open room to front. No dedicated parking, street, or city parking. 36 months minimum, 3% annual rate increases. Flat rate $250 per month.
Listing updated:
2nd floor above McCreary's Irish Pub & Eatery in downtown Franklin. First 12-month incentive. $2150 per month. Full Service plus $250 utility fee. 2nd year rate of $2950.00. Historic Downtown Franklin 2nd-level loft office. Street Entrance. 800+- sq. ft. 2 offices, one bath with open room to front. No dedicated parking, street, or city parking. 36 months minimum, 3% annual rate increases. Flat rate $250 per month.
| LAST UPDATED | 6/30/2026 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Williamson | STATUS | Pending |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| HEAT | None |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 0.04 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
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About this property
Status: this property is currently under contract, per RealTracs as of July 10, 2026.
414 Main St, Franklin, TN 37064 is a property in Franklin, TN 37064, offered at $2,150.
Recently sold in Franklin 37064: 12 comparable homes from $1,500 to $3,000.
Price & sale history
- County assessment: $1,492,200 total appraised value (land $1,250,000 + improvements $242,200).
- Land accounts for about 84% of the county appraised value, a land-weighted parcel (renovation or rebuild potential; verify zoning and utilities before relying on it).
Last sale & county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Franklin?
Franklin 37064 homes: a buyer's market as of 07-09-2026. About 15 months of supply, 98.3% sale-to-list.
| Active listings | 910 |
|---|---|
| Median list price | $1,250,000 |
| Median $/sqft (list) | $400 |
| Homes closed (12-mo) | 365 |
| Median closed price | $970,000 |
| Average closed price | $1,213,359 |
| Sale-to-list | 98.3% |
| Months of supply | 15 |
As of (910 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
Financing this property
Five-plus-unit and commercial properties are financed with a commercial loan, not a conforming 30-year mortgage: DSCR-underwritten, typically 20-30% down on a 20-25-year amortization (often a 5/7/10-year term), and qualified on net operating income (NOI), not personal income. Ask Grant Hammond about financing and to request the rent roll and operating statement.
Frequently asked questions
Is 414 Main St still for sale?
414 Main St is currently under contract as of 06-30-2026, per RealTracs. Contact Grant Hammond, Compass RE, to ask whether backup offers are being accepted.
Can you short-term rent 414 Main St?
414 Main St is in Franklin (Williamson County), not Metro Nashville, so Nashville's short-term-rental permit program does not apply here. Williamson County and the City of Franklin set their own short-term-rental rules; verify the current local ordinance before counting on STR use.
How is 414 Main St financed?
Five-plus-unit and commercial properties use a commercial loan -- commonly DSCR-underwritten on the property's net operating income, typically with 20-30% down on a 20-25-year amortization -- not a conforming 30-year mortgage. Contact Grant Hammond, Compass RE, about financing.
What is the cap rate or rent roll for 414 Main St?
Cap rate, net operating income, and gross rent multiplier depend on the current rents and operating expenses, which are not included in the public listing data. Contact Grant Hammond, Compass RE, for the rent roll and operating statement.
How much does 414 Main St cost?
414 Main St is listed at $2,150 (as of 06-30-2026).
When was 414 Main St built?
414 Main St was built in 1900.
Is Franklin a buyer's or seller's market?
Franklin is currently a buyer's market, with about 15 months of supply, 98.3% sale-to-list. The median list price is around $1,250,000 (as of 07-09-2026, RealTracs via IDX).
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.