Tuesday, July 13th, 2021 July13th2021

Sold Alert: Music Row Office Building Sells for $470/SF

Published on July 13th, 2021

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

 

 

  • 45 Music Square West (aka 17th Avenue) is a 116-year-old office building in the Music Row neighborhood of Nashville.
  • The 3-story converted residence measures 3,565 SF and sits on a .17 acre corner lot.
  • Adjacent to the new 18th & Chet office building, the property offers 15 parking spaces which are very valuable in the dense area.
  • The buyer put 20% down with financing from Fourth Capital Bank.
  • The property last traded in 2016 for $1,300,000.
  • The property just sold for the full asking price of $1,675,000…the equivalent of $470/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 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