Property Description
Atlas Real Estate Advisors is proud to present The Franklin House, located at 480 East Broad Street in downtown Athens, Georgia.
Built between 1845 and 1860 by William L. Mitchell, the Franklin House originally operated as a hotel with mercantile shops on the ground floor. Showcasing Greek Revival architecture, the building truly reflects the character of Athens.The Franklin House has been listed on the National Register of Historic Places (1974) and designated a local Historic Landmark (1990). For over thirty years it has remained a vibrant mix of office, residential, and retail space in the heart of downtown Athens.
The property currently features three street-level commercial spaces, nine apartments in the main building, and three additional apartments in the carriage house. It is an ideal opportunity for an investor seeking to creatively reposition a one-of-a-kind asset or one looking to benefit from diversified income streams in one of Georgia’s strongest college markets.
With exceptional walkability, steady pedestrian traffic, and immediate access to downtown retail, dining, and entertainment, the Franklin House offers enduring tenant demand and a truly distinctive investment opportunity.
