Tuesday, January 2nd, 2024 January2nd2024

SOLD ALERT: Berry Hill Retail Property Sold for $307/SF

Published on January 2nd, 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:
  • 2600 Fessey Park Road in the Berry Hill neighborhood of Nashville is the former home of 8th and Berry Wine and Spirts.
  • The property was sold vacant.
  • Built in 1953, the 21,168 SF building was recently updated.
  • Sitting on a 1.02 acre lot, the property is positioned next to the newer 8th and Berry Apartments.
  • 3 loading docks, one drive-in door.
  • Approx. 67 parking spaces.
  • The property is now occupied by Recreations Home Furnishings and PRVN CrossFit Training.
  • The buyer put 35% down with financing from Highlands Residential Mortgage at 7.49% interest.
  • The property last sold in 2021 for $3,380,000.
  • The asking price was $7,750,000.
  • The property just sold for $6,500,000…the equivalent of $307/SF.



Get clarity on exactly what it would look like to sell your property in today’s market.  Get your free Seller Clarity Report now.

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

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