Active · $5,199,999
MLS #3259823 · updated 2026-07-02 · listed with Wilson Group Real Estate
Commercial at 137 3rd Ave N, Franklin, $5,199,999, by Wilson Group Real Estate.
This is a multi-family or commercial listing, unit mix and income details vary; ask Grant Hammond for the rent roll and operating figures where applicable.
A rare opportunity to own one of downtown Franklin's most iconic historic properties. Known as Cherry Manor, this beautifully preserved circa-1820 landmark is located just steps from Main Street and the Public Square. Rich in character and architectural charm, the property features original historic details, spacious rooms, high ceilings, multiple fireplaces, and timeless craftsmanship throughout. Lovingly maintained and thoughtfully adapted for professional office use, the building has undergone only minimal updates, preserving its historic integrity while offering modern functionality. Situated on a prominent corner lot with convenient parking, Cherry Manor presents exceptional opportunities for professional offices, boutique commercial use, or future adaptive reuse, subject to applicable zoning and approvals. Whether you're seeking a distinguished business address or the opportunity to become the next steward of one of Franklin's oldest and most treasured historic properties, Cherry Manor offers an extraordinary combination of history, prestige, and location.
Listing remarks courtesy of Wilson Group Real Estate via RealTracs.
The evidence behind that pricing read:
Estimated monthly ownership for 137 3rd Ave N at $5,199,999: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $5,199,999 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Dated history for this listing, tracked by the GH Market Engine.
137 3rd Ave N sits in Franklin, Williamson County.
As of the latest update (2026-07-02), 137 3rd Ave N, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
137 3rd Ave N, Franklin is listed at $5,199,999.
Commercial. Unit mix, rent roll, and income details vary, ask Grant Hammond for the operating figures where applicable.
137 3rd Ave N, Franklin is in Franklin.
No association dues are reported for this listing.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Complete reported fields for 137 3rd Ave N (reference).
Get the full details, recent comparable sales, and any off-market options for 137 3rd Ave N - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Wilson Group Real Estate. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin, TN single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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