2600 Clifton AveNashville, TN 37209
- Residential income properties
- 44,711 SF
Property Details for 2600 Clifton Ave
- Year built
- 1920
- Lot size
- 0.53 AC
- Property size (Sq ft)
- 44,711 SF
- Zone code
- MULTI-ZONE
- Property type
- Residential income properties
- Property subtype
- High-rise multifamily apartments
- APN
- 092-06-0-578-00
- APU
- 9206057800
Description
This exceptional Class A retail and restaurant space, located in Nashville's thriving City Heights district, offers a unique opportunity for multiple tenants. Built in 2021, the single, three-story building boasts a total of 8,094 square feet, with flexible spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,681 square feet. Currently, 4,081 square feet are available for lease, spread across three suites within the building. The property sits on a 0.25-acre lot and provides ample parking with 20 spaces. The building is zoned for commercial use and is conveniently located near popular Nashville neighborhoods such as Midtown, The Gulch, Sylvan Park, and The Nations, ensuring high visibility and foot traffic. This vibrant area is experiencing significant growth, attracting a diverse range of businesses and residents. Existing tenants include a fitness center, coffee shop, Thai restaurant, and a salon, creating a strong and established commercial environment. While elevators are not available, the building's design and layout are optimized for efficient use of space. This is an ideal location for businesses seeking a modern, well-located space in a rapidly developing area of Nashville. Davidson County location ensures easy access to major transportation routes and a strong local customer base. The property's modern construction and prime location make it an attractive investment for discerning businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $9,577,658
- 6.5%
- $8,840,915
- 7%
- $8,209,421
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,965,520
- Geo Method
- $5,965,520
-
Alternative Use
- Use
- Valuation
- Residential
- $8,840,915
- Hospitality
- $8,098,230
- Educational
- $6,737,633
- Medical
- $6,969,350
- Retail
- $10,480,762
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.1587
- Longitude
- -86.8153
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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