Friday, January 7th, 2022 January7th2022

Sold Alert: Marathon Village Retail Building Sold for $527/SF

Published on January 7th, 2022

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

 

 

  • 1314 Jo Johnston Avenue in Nashville is a 3,604 SF retail building that was last used as a barbershop.
  • Originally constructed in 1882, the building offers 9 parking spaces.
  • The .2-acre, single tenant property last traded in 2013 for $225,000 before undergoing a major renovation.
  • Located on the corner of Jo Johnston and 14th Avenue North, the building sits about two blocks west of North Gulch and Capitol View.
  • Marathon Village was originally home to an automobile factory.
  • The property just sold for $1,900,000…the equivalent of $527/SF.

 

 


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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 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