626 Main St - Restaurant FOR SALE


Nashville, TN 37206- East Nashville
$4,499,000 USD
615-973-1367
626 Main St, Nashville, TN for Sale
$4,499,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

626 Main St
Nashville, TN 37206
East Nashville


HIGHLIGHTS

  • Prime location near Downtown Nashville, New Nissan Stadium, and interstates
  • Major renovation in 2015 with ongoing updates and upkeep
  • Triple net lease with anchor tenant Hawkers provides inflation hedge
  • Visibility from heavily trafficked Main Street
  • Good overall condition and flexible design support a variety of uses

OVERVIEW

626 Main is a well-maintained commercial property strategically located in East Nashville, featuring excellent proximity to downtown and high visibility along Main St. The primary improvement is a two-story mixed-use building with a full-floor restaurant, Hawkers, on the ground level and seven office suites above. The second level also includes a shared conference room, break room, two restrooms, and an outdoor patio. The property underwent a significant renovation in 2015, with ongoing maintenance and upgrades since-- including new membrane roof installed after the 2020 tornado. Given the property's flexible mixed-use zoning (MUG-A), it is well-suited for retail, restaurant, office, or a blend of uses. 2024 NOI: $245,893.45 *NOI reflects actual income and expenses from calendar year 2024. Detailed financials and rent roll available upon request.

FOR SALE DETAILS

PRICE

$4,499,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Center 615

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

Mixed-Use General (MUG-A)

APN/PARCEL ID

082-16-0-032

ASK ABOUT THIS PROPERTY

James MooreBlue Iris Real EstateMore Info
615-973-1367

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James MooreBlue Iris Real EstateMore Info
615-973-1367

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