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Listed by Brandon Sheriff • Realty One Group Music City
$ 550,000
Est. payment /mo
Active Under Contract
5100 Michigan Ave Nashville, TN 37209
2,792 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,792 sqft
Price per Sqft $196
MLS Listing ID 2921240
Year Built 2020
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Property Description
Look at the comps...incredible deal!! Zoned Commercial. This property exemplifies versatility for a savvy buyer...offers Non-Owner-Occupied Short-Term Rental (pro forma attached, look at the potential return), Personal Residence (abundant space and 4 bedrooms), Long-Term Rental (recently leased for $3,950/mo. with upside), or Live/Work potential (zoned commercial). Located in the heart of the coveted Nations neighborhood, this location rates an eye-popping 5.0/5.0 in walkability to popular bars, restaurants, shops, and entertainment venues along 51st Ave N, while being only a 10-12 minute car ride to Downtown Nashville! No HOA/HOA fee. Mostly fresh paint and ready for your vision. No owner financing. All kitchen appliances and washer/dryer can remain! Parking is on Michigan Ave (ample spots). Investors...look into 100% bonus depreciation!!
Location
State TN
County Davidson County
Zoning CS-A
Interior
Fireplace N
Exterior
Roof Type Shingle
Others
Special Listing Condition Standard
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