616 Garfield St - Convenience Store FOR SALE


Nashville, TN 37208- Germantown
$1,500,000 USD
502-291-0223
616 Garfield St, Nashville, TN for Sale
$1,500,000 USD
Convenience Store - FOR SALE
1/14
null | Request Cap Rate

616 Garfield St
Nashville, TN 37208
Germantown


OVERVIEW

Commercial Opportunity in the heart of Salementown. This commerical building holds the corner of Garifield Street and 7th Avenue North. Once home to the Local Distro Market, this space is ready for a new owner and retail vision. The grandfathered use here is for Convenience / Market. The sale will consist of 3 parcels (Addresses: 616, 614, and 612 Garfield). The building is roughly 2,080 sqft. There is 105 feet of road frontage on Garfield Street, and onsite parking accessed from 7th Avenue North. The current lot is 0.27 acres. Property is vacant and can be sold with immediate occupancy. Showings and access to the interior of the building will be scheduled upon acceptance of a contract. Seller would like to sell for immediate occupancy, but also has consulted with Metro Planning, and the Councilman, and pending neighborhood feedback, both would be open to a Plan Amendment and Zone change for neighborhood scaled mixed use.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$721 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Local Distro

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

R&D, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

7th Avenue North

LAND ACRES

0.09 AC

LAND SF

4,010 SF

ZONING

R6-A

APN/PARCEL ID

081-08-0-413

ASK ABOUT THIS PROPERTY

502-291-0223

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502-291-0223

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