707 Inverness Ave - Restaurant FOR SALE


Nashville, TN 37204- Melrose-Waverly
$1,750,000 USD
615-830-1220
707 Inverness Ave, Nashville, TN for Sale
$1,750,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

707 Inverness Ave
Nashville, TN 37204
Melrose-Waverly


HIGHLIGHTS

  • Located 150 feet from the high traffic 8th Ave S. mixed use corridor and yet the historic charm of the property and garden will transport you!

OVERVIEW

*Perfect for Boutique - Law, Fashion, Architecture, Lifestyle, Storefront, Interior Design, Real Estate, etc.* 707 Inverness is located in the City of Berry Hill. Residential and commercial uses are allowed. Subject to city approval, this includes multi-family and zero lot line townhomes, office, retail, restaurants and personal care. The property is located just off the 8th Ave. S./Franklin Road Corridor, a dynamic mix of retail, restaurants, office, residential and venues such as Zanies Comedy Club. Geodis Park, the new Nashville Soccer Club Stadium is less than a mile away from 707. The existing structure dates to 1925 and is presently a beautiful photographer's home and studio. The main floor contains 1,916 SF and the second floor is presently used as 1,269 SF AirBnb with BR, B and K. The building is located on a 7,804 SF +- parcel allowing abundant pull in parking off Inverness. Renovate the charming space for unique retail, restaurant or office space or redevelop the site.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$549 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CS/RS

APN/PARCEL ID

118-02-0-289

ASK ABOUT THIS PROPERTY

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615-830-1220

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615-830-1220

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