707 Inverness Ave - Office FOR SALE


Nashville, TN 37204- Melrose-Waverly
$1,695,000 USD
615-830-1220
707 Inverness Ave, Nashville, TN for Sale
$1,695,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

707 Inverness Ave
Nashville, TN 37204
Melrose-Waverly


OVERVIEW

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 photographer's beautiful home and studio. Electrical and plumbing were brought up to code by Lee Company in about 2011. The main floor contains 1,916 SF and the second floor is presently used as a 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. Parking lot was just resealed. Renovate the charming space for unique retail, restaurant or office space, or redevelop the site. 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. $1,695,000

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$532 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

707 Inverness

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

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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