1024-1026 3rd Ave S - Warehouse FOR SALE


Nashville, TN 37210
$3,400,000 USD
615-378-8086
1024-1026 3rd Ave S, Nashville, TN for Sale
$3,400,000 USD
Warehouse - FOR SALE
1/34
null | Request Cap Rate

1024-1026 3rd Ave S
Nashville, TN 37210


HIGHLIGHTS

  • Opportunity Zone in Walkable Urban Neigbhorhood
  • One building on two parcels - renovate for one, subdivide for two
  • Metro Nashville ordinance BL2024-187 allows adaptive residential in CS as of 7/19/24

OVERVIEW

One building on two parcels in an *Opportunity Zone* in the burgeoning, vibrant Chestnut Hill neighborhood. Staggering amount of investment in area: "Wedgewood Village" is two blocks away and bringing ~1.6M square feet of world class architecture and high profile tenants to their 18.5 acre mixed use campus anchored by SoHo House, Pastis, Herme`s, Nashville Warehouse Company and May Hosiery Mill; "4th & McCann" is a 20-story tower one block to the north; and "New Heights District" is a 20-acre mixed-use business district two blocks away that could be entitled to exceed four million square feet; "The Finery", "Emblem Park" and "Fort Negley Masterplan" are other notable developments nearby. Zoned CS, the 5,650sf property offers two office areas, unconditioned warehouse/ loft with parking in front AND back of building (alley access). See links/ docs for: 3D walkthrough, floorplan, ALTA survey, info on adjacent developments. Contact agent for showing.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$602 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,246

ZONING

CS

APN/PARCEL ID

093-15-0-290,105-03-0-340

ASK ABOUT THIS PROPERTY

Betsy LittrellPARKS | COMPASSMore Info
615-378-8086

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Betsy LittrellPARKS | COMPASSMore Info
615-378-8086

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