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!
Active
$750,000
503 N Petway St LOT 17-18, Franklin, TN 37064
2beds
1,153sqft
Est.:
Single Family Residence, Residential
Built in 1940
-- sqft lot
$-- Zestimate®
$650/sqft
$-- HOA
What's special
- 5 days
- on Zillow |
- 115 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 11:24am
Listing Provided by:
Jessica Harrison 714-815-0078,
Zeitlin Sotheby's International Realty 615-794-0833
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2920757

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Included: None
Features
- Primary Bedroom Main Floor
- Flooring: Concrete
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 1,153
- Total interior livable area: 1,153 sqft
- Finished area above ground: 1,153
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Detached
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
Details
- Parcel number: 094078G B 04300 00109078G
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Other
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Lynhurst
HOA
- Has HOA: No
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $650/sqft
- Annual tax amount: $1,309
- Date on market: 6/19/2025
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