513 3rd Ave S - Office FOR SALE


Nashville, TN 37210- Rutledge Hill
$4,600,000 USD
513 3rd Ave S, Nashville, TN for Sale
$4,600,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

513 3rd Ave S
Nashville, TN 37210
Rutledge Hill


OVERVIEW

Prime SoBro investment opportunity with immediate upside in one of Nashville’s fastest-growing districts. This 4,700+ SF fully renovated, two-story office building sits on a 50’ x 160’ parcel and is ideally positioned for strong cash flow and long-term appreciation. The asset offers maximum flexibility for single-tenant, multi-tenant, or mixed-use strategies, allowing investors to optimize tenancy and increase NOI. Recent renovations minimize near-term capital expenditures, making this a turnkey opportunity in a high-demand submarket. Located in the heart of SoBro, the property benefits from exceptional connectivity to all major interstates and direct access to Nashville’s core business, entertainment, and tourism hubs. Surrounded by rapid development, corporate expansion, and increasing density, the area continues to drive rental growth and investor demand. Major institutional development is actively transforming the immediate surroundings. The adjacent property at 504 4th Ave is approved for a 53-story tower by DAC Development (Chicago), and the site directly across the street is approved for three towers exceeding 30 stories. This level of vertical growth signals significant future density, foot traffic, and long-term value appreciation. The property includes 24-hour gated and controlled parking, a rare amenity in this urban core, further enhancing tenant appeal and retention. Positioned for both stable income and outsized future appreciation, this is a strategic acquisition in a rapidly densifying, high-barrier-to-entry market.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$973 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1857

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

MULTI-ZONE- DTC

APN/PARCEL ID

093-10-0-455

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