113 Cumberland Ave - Loft/Creative Space FOR SALE


Madison, TN 37115
$2,850,000 USD
217-304-5013
113 Cumberland Ave, Madison, TN for Sale
$2,850,000 USD
Loft/Creative Space - FOR SALE
1/14
null | 2.36% Cap Rate

NEW


113 Cumberland Ave
Madison, TN 37115


HIGHLIGHTS

  • 16,678 Two Story Office Building
  • Strong Value-Add with Income in Place
  • Move-In Ready 2nd Floor Space
  • Positioned in growing submarket of Nashville MSA
  • Abundance of natural light throughout

OVERVIEW

Excellent opportunity to acquire or lease a well-located commercial asset in the growing Madison submarket of Nashville. This two-story property offers a blend of in-place income and immediate occupancy potential, making it ideal for both investors and owner-users. The first floor is fully leased to Talk to Me Therapy, providing stable cash flow. The second floor is currently vacant, offering flexibility for an owner-occupant or the ability to lease and increase overall returns. For Sale at $2,850,000 and For Lease at $18/SqFt Full Service Gross.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

2.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

OR20

APN/PARCEL ID

043-09-0-087

ASK ABOUT THIS PROPERTY

Kaileigh DunnThe Homestead GroupMore Info
217-304-5013

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Kaileigh DunnThe Homestead GroupMore Info
217-304-5013

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