1024-1026 3rd Ave S - Warehouse FOR SALE


Nashville, TN 37210- Cameron Trimble
$3,400,000 USD
615-378-8086
1024-1026 3rd Ave S, Nashville, TN for Sale
$3,400,000 USD
Warehouse - FOR SALE
1/35
null | Request Cap Rate

1024-1026 3rd Ave S
Nashville, TN 37210
Cameron Trimble


HIGHLIGHTS

  • Opportunity Zone in Walkable Urban Neigbhorhood
  • One building on two parcels - renovate for one tenant or two
  • Metro Nashville ordinance BL2024-187 allows adaptive residential in CS as of 7/19/24

OVERVIEW

One building on two parcels located one mile south of Downtown Nashville. Zoned Commercial Services (CS) in an Opportunity Zone this property is a blank canvas in the burgeoning Chestnut Hill neighborhood - allowing retail, consumer service, financial, restaurant, office, light manufacturing and small warehouse uses by right. There is a staggering amount of investment in the area: - Wedgewood Village is two blocks away bringing 1.6 million square feet of world class architecture and high profile tenants to their 18.5 acre mixed use campus anchored by SoHo House, Pastis, Hermes, Nashville Warehouse Company and May Hosiery Mill - 4th & McCann is a 20-story tower one block to the north - New Heights District is a 20-acre mixed-use business district two blocks to the northwest that can be entitled to exceed four million square feet - The Finery, Emblem Park and Fort Negley Masterplan are other notable developments nearby. Price: $3,400,000 Acreage + Building Size: 0.35 acres / 5,650 sf Office, Conditioned (Two): 1,500 sf + 500 sf Warehouse, Unconditioned: 3,650 sf Storage Loft: 400 sf Clear Height: 14ft minimum Sprinklers: No Grade-Level Doors: 4 Bathrooms: 3 Parking: 11 at street, 8 at alley + loading

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$602 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,246

ZONING

CS

APN/PARCEL ID

093-15-0-290,105-03-0-340

ASK ABOUT THIS PROPERTY

Betsy LittrellPARKS | COMPASSMore Info
615-378-8086

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Betsy LittrellPARKS | COMPASSMore Info
615-378-8086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.