1213 Jefferson St - Freestanding FOR SALE


Nashville, TN 37208- Germantown
$999,000 USD
615-200-9330
1213 Jefferson St, Nashville, TN for Sale
$999,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

1213 Jefferson St
Nashville, TN 37208
Germantown


HIGHLIGHTS

  • First time available for purchase in 33 years!
  • Zoned for Flexibility & Ready for Development
  • Explosive Growth & Proximity to Major Neighborhoods
  • High Visibility + Traffic Volume
  • Development Momentum All Around
  • Visit the PROPERTY WEBSITE for complete information

OVERVIEW

Beau Beach, MBA, CCIM presents: $200,000 price reduction to ensure a timely sale! First time available for purchase in 33 years! Seller is motivated for a deal that will close. Make this Building Your Own 398 SF block building was constructed in 1960. Move-in-ready. 800 SF fenced in outdoor patio. Very valuable 10,890 SF (.25 acre) parcel of land. Building is 16' wide by 24' deep. Building is easily expandable to the side and rear. Great exposure and signage. Alley access from rear parking lot could be easily added. 20 parking spaces with the ability to add more with restriping. Unbelievable location. 5 minutes to I-65. 5 minutes to Germantown. 5 minutes to I-40 E. 4 minutes to Charlotte Avenue. 3 minutes to I-40 W. Gentrification is only two blocks away. Buy now and watch its value skyrocket as time passes. Flexible Zoning Zoned CS with two overlays: MDHA-JS and OV-UZO. MDHA-JS permitted uses include: * Multi-family Dwellings * Assisted Living and Retirement Facilities * Hotels/Motels * Churches * University-related Facilities * Schools * Daycares * Offices * Medical Offices * General Retail (no liquor sales or adult-oriented) * Products * Service Retail * Restaurants (no drive-thru) * Nightclubs (no adult entertainment) * Theaters * Cultural Facilities Covered Land Play Less than a mile from booming and ultra-expensive Germantown! Gentrification is making its way West on Jefferson Street. A covered land play is a real estate investment strategy where an investor buys property primarily for the underlying land value rather than the existing improvements. Rough dimensions of the parcel are 102' wide x 122' deep. No floodplain. Explosive Growth & Proximity to Major Neighborhoods The property lies just six blocks from Germantown, one of Nashville’s most rapidly appreciating neighborhoods, and is within minutes of Downtown, Midtown, and the Gulch. As these areas grow and become more expensive, Jefferson Street offers the next frontier of accessible urban development. High Visibility + Traffic Volume With 20,000+ vehicles per day passing by, this location provides excellent exposure for commercial tenants or brands. This makes it ideal for ground-floor retail, restaurants, or small businesses that benefit from constant visibility. Development Momentum All Around Several announced and recently completed projects are clustered nearby. Underserved Market with Demand for New Services The surrounding area has historically been underserved by modern amenities, and there is unmet demand for quality housing, grocery, coworking, and service-based retail. With three universities and a growing professional base nearby, the demographic fundamentals are solid and improving. Nearby Colleges Fisk University.  A private, historically Black liberal arts university founded in 1866, located directly along Jefferson Street, just a few blocks away. Meharry Medical College.  Founded in the early 1870s, this private historically Black medical and health sciences college sits just west of Fisk, also on the Jefferson Street corridor—well under a mile from the property. Tennessee State University.  A public, predominantly Black university founded in 1912. Its campus stretches just west of Meharry and north along Jefferson Street, all within walking distance. These three institutions are historically connected, culturally rooted, and client-connected by their close proximity to 1213 Jefferson - making the site particularly attractive for educational, residential, or mixed-use development that can engage with the student and academic populations in the area. Buyer to receive $5,000 Convenience Credit Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction.  We must prepare all the paperwork. Seller will select the buyer that is most likely to close the transaction. Call Beau at 615-200-9330 or email Beau@Beachwood.ai with all questions or to schedule a private tour. Visit the PROPERTY WEBSITE for complete details and aerial video

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$2,510 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1213Jefferson.com | $200,000 price reduction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CS, MDHA-JS, OV-USO

APN/PARCEL ID

081-16-0-448

ASK ABOUT THIS PROPERTY

Beau BeachBeachwood Commercial Real Estate BrokerageMore Info
615-200-9330

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Beau BeachBeachwood Commercial Real Estate BrokerageMore Info
615-200-9330

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