SOLD for 131% OVER Purchase Price in less than 2 Years
Beautiful East Nashville Residential turned Commercial property located at the busy intersection of Douglas and Gallatin. Surrounded by Retail and upcoming development, it was recently remodeled to reflect that perfect blend of Nashville style and historic character that people love. Currently used as a Creative Office Studio, this Property is perfect for a Small Business, Owner/User, Mixed-Use or an Investor.
- 1,100 SF
- 5 Parking Spots
- Zoning: Mug-A (Overlay)
- High Traffic Count
- Large Signage (Could be Leased for Additional Income)
- On Site Storage
We represented the current owner with Istoria Collective in their purchase of the property in 2016 as a steal of an Investment Opportunity. We completed Architectural floor plans for the project as a service to verify existing conditions and SF. Our lease analysis of the property shows a cash flow at $25 / SF NNN in today’s market.