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131 Donelson Pike

4,688 SF 100% Leased Office Building Nashville, TN 37214 $1,649,000 ($352/SF)

Investment Highlights

  • Ideal for businesses looking to occupy part of the space while generating additional income this property offers a rare owner-user opportunity.
  • Benefits from the city's strengths in healthcare, music production, and education, with the Donelson neighborhood experiencing significant investment
  • Recent updates, including a new roof in March 2024 and 25 paved parking spaces, along with proximity to hotels, restaurants, shops.

Executive Summary

Prime investment opportunity. Owner user and investment, work out of some space, and rent the other for extra income. Tons of development happening all around this area. Directly across the street from the Music City Star, Donelson Station, the last stop before landing at Riverfront Park in Downtown Nashville. Over 25 hotels within the area. Could be a great restaurant, or other entertainment venue!

Data Room Click Here to Access

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,688 SF
Building Class
B
Year Built
1930
Price
$1,649,000
Price Per SF
$352
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,400 SF
Slab To Slab
9’
Building FAR
0.24
Land Acres
0.45 AC
Zoning
CL - Commercial limited
Parking
25 Spaces (5.33 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Fireplace
  • Storage Space
  • Basement
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
096-05-0-098
Land Assessment
$94,080
Improvements Assessment
$189,240
Total Assessment
$283,320
  • Listing ID: 31413181

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 131 Donelson Pike, Nashville, TN 37214

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