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Property profile

4708 Charlotte Ave Nashville, TN 37209

OFF-MARKET
Retail properties & Spaces
5,484 SF 0.17 ac lot Built 1945
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Property summary

AI-generated overview

This exceptional 5,484 square foot retail property, located at 4708 Charlotte Avenue in Nashville, Tennessee, presents a unique investment opportunity. Previously operating as a restaurant and bar, this single-story building boasts a 1945 construction date with significant renovations completed in 2017. The property sits on a 0.17-acre lot and benefits from excellent visibility and approximately 150 feet of frontage along Charlotte Pike, a major thoroughfare with an average daily traffic count of 23,485 vehicles. Its strategic location between the vibrant Sylvan Park and The Nations neighborhoods provides access to a large residential population and a thriving mix of local businesses. The interior, uniquely designed as a former church fellowship hall, offers ample space for various uses. An expansive 1,288 square foot outdoor dining patio adds significant appeal. The property is zoned CS & UZO and features existing utilities in good working order. Convenient access to Interstates 40 (within 3 blocks) and 440 (within 2 miles) ensures easy accessibility for both customers and employees. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a variety of food and beverage concepts.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1945
Total area 5,484 SF
Lot 0.17 ac (7,405 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4708 Charlotte Ave Nashville, TN 37209
Nashville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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