Tuesday, January 10th, 2023 January10th2023

Sold Alert: Small Retail Building in Nashville Sold for $472/SF

Published on January 10th, 2023

Sold Alerts provide potential sellers with hard-to-get comparable sale information.

 

 

Go behind the scenes with this undisclosed, off-the-record transaction that may affect the value of your commercial property:

  • 320 44th Avenue N is located a block off Charlotte Avenue in Nashville’s Sylvan Park neighborhood.
  • From Charlotte Avenue, turn South at Rolling Hills Community Church.
  • This 92-year-old building is 1,440 SF.
  • The masonry structure sits on a .04-acre (1,742 SF) corner parcel with no parking.
  • The property was once used as a grocery store and last used as a stained-glass emporium.
  • Sold vacant.
  • The property last sold in 2017 for $400,000.
  • The buyer financed the transaction with 15% down and an interest rate of 6.7%.
  • The property just sold for $680,000…the equivalent of $472/SF.

 

 


Get the blueprint to sell your property for the absolute highest price the market will pay.  Get your blueprint now.


Let the comps speak for themselves…get the 3 comparable sales most like your property.  Get your comps now.


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About Beau Beach, MBA CCIM

Beau is a battle-tested Commercial Real Estate Broker, entrepreneur and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.

Beau leads Beachwood which is a nationwide commercial real estate brokerage for sellers…with emphasis in Nashville and the Southeast.

He’s earned the revered “CCIM” designation which is awarded to the top 6% of all commercial real estate brokers.

He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.

Click to schedule a call with Beau or email to Beau@soldbybeachwood.com