Commercial Building with Flexible
1403 4th Ave S Nashville, TN 37210
1403 4th Ave S, Nashville, TN, 37210
$1,999,500
For Sale
$1,999,500
4,502-square-foot building in Wedgewood-Houston with CS zoning and an Urban Zoning Overlay.
Property Size4,502 SF
Price / SF$444.14
Days on Market139
Property Features for 1403 4th Ave S
General Information
- Standard status
- Active
- Size
- 4,502 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing agency
ONE STOP REALTY AND AUCTION
(615) 822-0750
Listed by
TONY ROBINSON,E-PRO
Source
Corcoran
Added: Mar 5 Updated: Jul 22 at 2:13PM Checked: Jul 22 at 2:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE STOP REALTY AND AUCTION
Investment Insights
Based on property information with market context.
Located at 1403 4th Ave S, this 4,502-square-foot commercial building offers flexible site use under CS (Commercial Services) zoning with an Urban Zoning Overlay. The property is positioned to support a range of operational concepts, including retail, office, restaurant, creative studio, mixed-use, or redevelopment, subject to approvals.
The offering is situated in the heart of Wedgewood-Houston and described as minutes from downtown Nashville. It is also presented as steps from GEODIS Park, with close proximity to major thoroughfares and continued neighborhood growth that can benefit a wide variety of tenant or owner-user strategies.
The offering is situated in the heart of Wedgewood-Houston and described as minutes from downtown Nashville. It is also presented as steps from GEODIS Park, with close proximity to major thoroughfares and continued neighborhood growth that can benefit a wide variety of tenant or owner-user strategies.
Key Highlights
- 4,502‑square‑foot building in Wedgewood‑Houston
- Built in 1965
- Site zoned CS (Commercial Services) with an Urban Zoning Overlay
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.5k | $21.00 |
| − Vacancy | −$19.4k | −$4.31 |
| EGI | $75.2k | $16.70 |
| − OpEx | −$18.8k | −$4.17 |
| NOI | $56.4k | $12.52 |
4,502 SF · lease $21.00/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$805.3K
$704.6K – $939.5K
NOI $56,371 @ 7.0% cap · market cap 2.82%
Second Best
Retail
$741.5K
$648.8K – $865.1K
NOI $51,904 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,226 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Leonard Plating Co
Factory
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 4,502-square-foot building in Wedgewood-Houston with CS zoning and an Urban Zoning Overlay.
Where is this retail space located?
The property is located at 1403 4th Ave S Nashville, TN.
What is the asking price?
The asking price for this property is $1,999,500.
What are key features of this property?
This property features: 4,502‑square‑foot building in Wedgewood‑Houston; Built in 1965; Site zoned CS (Commercial Services) with an Urban Zoning Overlay
