503 N Petway St

Active

Franklin, TN 37064

2 beds 0.5 baths 1,153.00 sqft acres

MLS Updated 3 minutes ago - MLS #: 2920757

$750,000.00

Est. Mortgage $3,619.83 - First on site 1 week ago

About

Nestled in the heart of historic Franklin, 503 N Petway St is a rare and charming opportunity to own a piece of one of Middle Tennessee’s most sought-after neighborhoods. Priced at $750,000, this 1,153 sq. ft. business sits on a manageable and desirable 0.17-acre lot, making it ideal for those who want to be close to downtown without the upkeep of a large property. Originally built in 1940, this property is brimming with character and ready for someone with vision—whether you’re looking to renovate, restore, or rebuild. Zoned residential and walking distance to Main Street, it’s one of the most exciting chances to get into Franklin’s historic core. Come explore the potential and imagine what’s possible!

Property Info

Location Information

Latitude: 35.9192017
Longitude: -86.8850438
Subdivision: Lynhurst
Directions: Heading Southwest on W Main St from downtown Franklin, turn right onto N Petway St, property is on the left.

Interior Features

Bedroom 1:
Bedroom 2:
Bedroom 3:
Bedroom 4:
Interior: Primary Bedroom Main Floor
1/2 Baths: 1
Dining Room: ,
Den: ,
Living Room: ,
Kitchen: ,
Has Fireplace: NO
Fireplaces:
Heating: Other
Cooling: Other
Floors: Concrete
Appliances: None
Basement: Slab

Exterior Features

Style:
Stories: 1
New Construction: NO
Construction: Other
Exterior:
Septic/Sewer: Public Sewer
Water: Public
Has Garage: YES
Garage Spaces: 4
Attached Garage: NO
Fencing:
Patio/Deck:
Has Pool: NO
Pool Features:
Lot Features:
Lot Size (acres):
Waterfront: NO

School Info

Elementary: Franklin Elementary
Junior High: Freedom Middle School
High School: Centennial High School

Additional Information

Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1940
Tax Amount: $1,309.00
Listing Office: Zeitlin Sotheby's International Realty
Listing Agent: Jessica Harrison
MLS Logo

Based on information submitted to the MLS GRID as of 2025-07-01T01:31:17+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information