218 3Rd Ave N Nashville, TN 37201
Property Lookup
Property profile & analytics
218 3Rd Ave N Nashville, TN 37201
- Office buildings
- 4,212 SF
- 0.10 lot acres
Property ID
US80-2918893
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Black Rabbit / Restaurant
- Riverbirch Nashville Llc / Construction Company / General Contractor
- Shane and Raychle Photography / Wedding Service / Photography Service
Property Details for 218 3Rd Ave N
- Year built
- 1890
- Lot size
- 0.10 lot acres
- Property size
- 4,212 SF
- Zone code
- MULTI-ZONE
- Property type
- Office buildings
- APN
- 093-02-3F-900-00
- APU
- 093023F90000
Description
This exceptional 20,000-square-foot multi-use building, constructed in 1890 and renovated in 2017, presents a rare investment opportunity in Nashville's vibrant Printers Alley district. The property boasts a prime location at 218 3rd Ave N, in the heart of the historic district, and features four floors plus a basement. The ground floor houses a thriving, established tenant, a prestigious cocktail bar occupying both the interior space and an outdoor seating area in a pedestrian alley. The second and third floors are currently configured as high-end, luxurious short-term rentals (STRs), capitalizing on Nashville's robust tourism market. These floors feature upgraded mechanical systems and sophisticated interiors. The fourth floor offers significant upside potential; approved plans and permits are in place for build-out, including the addition of a rooftop deck. Zoned MUIA within the Downtown Code, this property allows for a variety of commercial and residential uses, providing flexibility for future development and maximizing investment returns. This is a unique chance to acquire a piece of Nashville history with substantial income potential and significant room for growth. The property's rich history, combined with its modern updates and prime location, makes it an exceptional investment opportunity in one of the fastest-growing cities in the United States.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,845,000 Current use
- COMMERCIAL (GENERAL)
- $2,115,000 Change: +15% Conversion: Easy
- RETAIL STORES
- $1,950,000 Change: +5% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.778
- Latitude
- 36.165
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$0.00
$0.00
$0.00
-
$35,000
$532,800
$567,800
