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521 Old Hickory Blvd Nashville, TN 37138

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For Sale
Contact for pricing

Historic building, high NOI potential

Property size:
5,543 SF

Property Features for 521 Old Hickory Blvd

General Information

Property type
Individual retail properties
Square Feet
5,543 SF
Class
B
Lot Size
11,761 SF

Building Details

Year Built/Renovated
1930/2018
Buildings
1
Stories
3
Units
5

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Listing Contact
Alec Bahmed
Alec Bahmed

Listing Agency: KW Commercial Nashville Listing Agent: Alec Bahmed

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional redevelopment opportunity presents a three-story, 5,543 square foot building situated on a 0.27-acre lot at 521 Old Hickory Blvd in Nashville, TN. Built in 1930 and renovated in 2018, the property boasts a charming brick exterior and sophisticated interior. Currently operating at 100% occupancy with five tenants, the building generates a current NOI of $42,118, with a pro-forma NOI projected at $113,771. The property features 14 parking spaces and is zoned CS: Commercial Service, allowing for a variety of uses. The building comprises four commercial units, two residential units, and three additional storage units. This value-add or owner-user investment presents a unique chance to capitalize on the vibrant Nashville market. The property's strong existing cash flow, combined with its significant upside potential, makes it an attractive proposition for investors seeking a high-return opportunity in a desirable location. The building's history and architectural details offer a unique character, while its location provides excellent access to local amenities and transportation. Detailed financial information and floor plans are available upon request.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Nashville
County
Davidson
State
Tennessee
Longitude
-86.6503318
Latitude
36.2649184

FAQs

What type of property is this?
Individual retail property - Historic building, high NOI potential
Where is this individual retail property located?
The property is located at 521 Old Hickory Blvd Nashville, TN.
What are key features of this property?
This property features: 4 Commercial, 2 Residential, and 3 Storage Units.; 5,543 SF building (including basement).; 100% Occupancy.
(615) 425-3600 Call to check price and availability
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