503 N Petway St, Franklin, TN 37064
503 N Petway St, Franklin, TN 37064, Active at $550,000. Commercial.
503 N Petway St, Franklin, TN 37064, Active at $550,000. Commercial.
Active · $550,000
MLS #3306465 · updated July 26, 2026
Commercial at 503 N Petway St, Franklin, $550,000, by Steve Cothran Realty, LLC.
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.
More context: Nashville market analysis and research.
Come see this Historic Property what was first a Grocery Store and later Johnson Heating and Air, built in1940 on a 0.17 acre lot very close to downtown Franklin. Whether your looking for a place to build or to renovate this is a great opportunity to be in the Highly Sought-After Franklin Downtown Area.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 503 N Petway St (reference).
No price changes or prior sales are on record for 503 N Petway St yet; the GH Market Engine tracks this listing and will show dated activity as it occurs.
Estimated monthly ownership for 503 N Petway St at $550,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $550,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The evidence behind that pricing read:
503 N Petway St sits in Franklin, Williamson County.
Approximately 18 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 503 N Petway St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 503 N Petway St, by price and size.
Listed with Steve Cothran Realty, LLC. 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.
What Franklin, TN homes cost per square foot in each Williamson County Schools zone: median price and $/sq ft for all seven high-school zones.
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.
View the first foreclosure in the Brownstones at Historic Franklin. The Brownstones in Franklin are ultra high-end luxury homes in downtown Franklin, TN.
See pictures of the most expensive foreclosures in Franklin, Tennessee. This million dollar mansion is brand new construction and a screaming deal.
As of the latest update (July 26, 2026), 503 N Petway St, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
503 N Petway St, Franklin is listed at $550,000.
Commercial. Unit mix, rent roll, and income details vary, ask Grant Hammond for the operating figures where applicable.
503 N Petway St, Franklin is in Franklin.
No association dues are reported for this listing.
Ask for a showing, the rent roll, or operating figures through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Thinking of selling in Franklin?
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