231 S College Street Franklin, KY $ 339,900
231 S College Street
$ 339,900
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231 S College Street

Franklin, KY, 42134
$ 339,900
Bedrooms-- Baths-- Sq 3,347

Monthly Estimate*

$ 2,121

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Commercial Property for sale in Franklin, KY

for $339,900. This 3,347 square foot building was built in 1935 on a lot size of 0.23.

Historic Commercial Property with Residential Potential – Franklin, KY Discover a rare opportunity in the heart of Franklin, Kentucky! This well-maintained 3,347 sq ft commercial property sits on a .23-acre lot just minutes from downtown and the parkway, offering excellent visibility and convenience. Originally built in 1935 as the home of a former town mayor, this stately property combines rich history with modern flexibility. Currently configured for commercial use, the layout features 4 spacious bedrooms and 4.5 bathrooms, making it easily convertible back into a stunning private residence, bed-and-breakfast, or live-work space. The interior showcases classic charm with ample room for customization, whether you're looking to create office space, a boutique, or a welcoming home. Additional highlights: Prime location near downtown shops, dining, and major thoroughfares Furniture negotiable, providing turnkey possibilities Lovingly maintained with preserved architectural details Ideal for business owners, investors, or homeowners with a vision Don't miss this unique chance to own a piece of Franklin's history with endless potential. Schedule your private showing today!

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Commercial Active

Price

$ 339,900

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.23

Year Built

1935

Town/City

Franklin

County/Region

Simpson

MLS | Web ID

20253889

Features
Interior
Electricity Phone/Ntwrk Wiring Avail Available-On Property
Basement Unfinished-Partial
Floors Carpet Hardwood Tile Vinyl
Interior Features Finished Office Space
Walls Dry Wall
Air Conditioning Central Electric
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General
Water City
Sewer City
Heating Forced Air
Amenities Exterior Lighting Living Area Restroom-Public Restroom-Private
Subdivision N/A KY
Water Heater Electric
County Simpson
Class Commercial
Type Commercial
Miscellaneous Building Occupied Equipment Included
Ceiling Height 7 - 10 Feet 11 - 14 Feet
Status Active
Access City Street Interstate 1 mile or less Interstate Highway
Sale/Rent For Sale
Status Detail 0
Docs on File Deed
Utilities Electricity Electric at Site Street Lights
Number of Buildings 1
Primary City Franklin
Directions 231 South College Street is located on the corner of College Street and Montague Street.
City Franklin
Year Built 1935
DOM 147
Secondary City Simpson County
Postal Code 42134
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Exterior
Road Surface Asphalt
Foundation Block Crawl Space
Lot Size Area 0.23
Roofing Shingles
Fence Partial
Acreage Source Other
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* Excluded Features
List By
Keller Williams First Choice R

Broker

dylan.white@kw.com

Email

Affordability Calculator

$2,121
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,121
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1777877 Elementary School
1777752 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$339,900 -8.11% Price Down
7/7/2025$369,900 Listed Price

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231 S College Street, Franklin, KY, 42134 is a Commercial Property for sale at $339,900 with 3,347 sqft and a lot size of 0.23. 231 S College Street was built in 1935. The property's zip code is 42134 which is in Franklin, KY