For Sale
$2,150,000

3901 Clarksville PikeNashville, TN 37218

High-traffic location, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use investment opportunity encompasses two adjacent parcels totaling 17,860-18,731 square feet on Clarksville Pike in Nashville, TN. The property includes a 2,600 square foot building currently operating as a 100% occupied auto repair shop with two bays and a 1,000 square foot basement storage area, plus a non-functioning car wash on an adjacent lot. Built in 2003, the property features 19-foot ceilings and 13 parking spaces. The buildings sit on a combined lot with excellent visibility and frontage on Clarksville Pike, a major north-south artery recently widened to five lanes. The property is zoned for commercial use, specifically auto repair and retail, offering significant redevelopment potential. There are no underground tanks on either lot. The asking price is $2,150,000, representing a 6.00% cap rate. This presents a compelling value-add opportunity for an owner-operator or investor seeking a profitable business or redevelopment project in a high-growth area of Nashville. The sale price includes the valuation of the active auto repair business.

Highlights

  • 3,901 SF building (plus 1,000 SF basement storage) on two adjacent parcels totaling 17,860-18,731 SF.
  • Sale price includes the value of the existing, fully occupied auto repair business.

Property Details for 3901 Clarksville Pike

Property type
Specialty properties, Mixed-use properties
Square Feet
2,600 SF
Class
C
Year Built
2003
Buildings
2
Stories
1

Location Insight

City
Nashville
County
Davidson
State
Tennessee
Latitude
36.2085723
Longitude
-86.8399365
3901 Clarksville Pike, Nashville, Tennessee

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3901 Clarksville Pike
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