513 S 3rd Ave, Nashville, TN 37210

$4,600,000

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List Price
$4,600,000
Status
ACTIVE
MLS#
3155030
Days on Market
132
Lot Size
7,840
Acres
0.18
County
Davidson County

Property Description

Prime SoBro investment opportunity with immediate upside in one of Nashville’s fastest-growing districts. This 4,700+ SF fully renovated, two-story office building sits on a 50’ x 160’ parcel and is ideally positioned for strong cash flow and long-term appreciation. The asset offers maximum flexibility for single-tenant, multi-tenant, or mixed-use strategies, allowing investors to optimize tenancy and increase NOI. Recent renovations minimize near-term capital expenditures, making this a turnkey opportunity in a high-demand submarket. Located in the heart of SoBro, the property benefits from exceptional connectivity to all major interstates and direct access to Nashville’s core business, entertainment, and tourism hubs. Surrounded by rapid development, corporate expansion, and increasing density, the area continues to drive rental growth and investor demand. Major institutional development is actively transforming the immediate surroundings. The adjacent property at 504 4th Ave is approved for a 53-story tower by DAC Development (Chicago), and the site directly across the street is approved for three towers exceeding 30 stories. This level of vertical growth signals significant future density, foot traffic, and long-term value appreciation. The property includes 24-hour gated and controlled parking, a rare amenity in this urban core, further enhancing tenant appeal and retention. Positioned for both stable income and outsized future appreciation, this is a strategic acquisition in a rapidly densifying, high-barrier-to-entry market.

Additional Information

Roofing Material
Aluminum
Subtype
Mixed Use
Year Built
1857
Zoning
DTC
Type
Commercial

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Calculator source: Real Geeks

Listing courtesy of Compass RE.

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