218 3rd Ave N - Apartments FOR SALE


Nashville, TN 37201- The District
$11,900,000 USD
615-717-7766
218 3rd Ave N, Nashville, TN for Sale
$11,900,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

218 3rd Ave N
Nashville, TN 37201
The District


HIGHLIGHTS

  • Located in the heart of Downtown Nashville and within walking distance of museums, 150 live music venues and sporting arenas.
  • Ground floor retail is leased to the Black Rabbit, a locally owned restaurant and craft cocktail bar.
  • Floors 2 & 3 are fully furnished lofts, with high end finishes designed by Kathy Anderson of Anderson Design.
  • The 4th Floor has the potential to add an already approved additional floor and rooftop space.
  • Contact Kadie Black for the Building’s Financials.
  • Click “Data Room” below for the Property OM.

OVERVIEW

Berkshire Hathaway, Woodmont Realty, is pleased to exclusively offer the opportunity to acquire 218 3rd Avenue North, located in the heart of downtown Nashville, Tennessee. This prime property encompasses approximately 20,000 square feet across four floors, including a basement level.The street-level retail space is currently leased to The Black Rabbit, a locally owned restaurant renowned for its small plates and craft cocktails. The second and third floors feature furnished lofts with high-end interiors, designed by Kathy Anderson of Anderson Design, offering a modern, luxurious living experience.The fourth floor is ready for build-out, with approved plans and permits in place, allowing the prospective buyer to add an additional floor and a rooftop deck. Additionally, the property conveys six stories of coveted air rights, in accordance with Davidson County’s downtown building regulations.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$570 USD /SF

# OF UNITS

4

PRICE/UNIT

$2,975,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Use Building in Downtown Nashville

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

DTC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kadie BlackBerkshire Hathaway Woodmont RealtyMore Info
615-717-7766

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Kadie BlackBerkshire Hathaway Woodmont RealtyMore Info
615-717-7766

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