Monday, July 26th, 2021 July26th2021

Sold Alert: Midtown Restaurant Building Sells for $426/SF

Published on July 26th, 2021

Sold Alerts provide commercial property owners with valuable, hard-to-get comparable sale information.

 

 

  • 1812 Hayes Street is the home of Jamaica Way Restaurant.
  • The 101-year-old building sits on a 9,148 SF lot.
  • The one-story building measures 2,138 SF with approx. 16 gravel parking spaces behind the building.
  • The property is located across from the Hutton Hotel.
  • This was an all-cash purchase.
  • The property just sold for $910,000…the equivalent of $426/SF of building or $100/SF of land.

 

 


(FREE PROMOTION) Find out how much your property is worth, for free, before you list it for sale.  Get your property value now.


Get all our exclusive content in one simple email, every Friday.  Sign up now.


About Beau Beach, MBA CCIM

Beau is a tenacious 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, Milwaukee and the states of 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.

Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com