Tuesday, November 12th, 2024 November12th2024

SOLD ALERT: Gulch Retail Building Sold for $810/SF

Published on November 12th, 2024

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:
  • 601 8th Avenue S is a two-tenant retail center on .25 acres in The Gulch.
  • Built in 1969, the 4,692 SF building is fully occupied by Nashville Boot Co. and Finnleys – a women’s clothing store.
  • Located next to Arnolds Country Kitchen at the intersection of Gleaves Street and 8th Avenue S. which has elevated railroad lines.
  • Other nearby businesses include Ruby’s Jazz Room, Two Hands restaurant, The North American Guitar instrument store and Carter Vintage Guitars.
  • 12 surface parking spaces.
  • Candy Hearts Gulch Mural located on the side of the building.
  • Curb cuts on 8th Avenue S and Gleaves St.
  • Zoned DTC with multiple overlays.
  • The property last traded in 2001 for $227,500.
  • The property just sold for $3,800,000…the equivalent of $810/SF.

 

 


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About Beau Beach, MBA CCIM

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

Beau leads Beachwood which is an elite commercial real estate brokerage for sellers in 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