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Executive Summary
Kassin Sabbagh Realty (KSR) is proud to represent the property located at 1500 South 2nd Avenue (1500 2nd Ave S) in Nashville, TN, 37210. Situated just south of downtown Nashville, the site is comprised of three multi-use industrial/warehouse buildings originally constructed in the late 1950s, totaling approximately 37,500 square feet, historically utilized for industrial and storage purposes. The improvements sit on a ±5.77-acre parcel, of which approximately ±3.2 acres could be usable for a future low rise Development Opportunity. The property presents a compelling opportunity for repositioning and redevelopment.
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- Offering Memorandum
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1959 |
| Property Subtype | Truck Terminal | Parking Ratio | 1.07/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 54 |
| Lot Size | 5.77 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 37,500 SF | Opportunity Zone |
Yes
|
| Zoning | IWD | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 5.77 AC |
| Rentable Building Area | 37,500 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Parking Ratio | 1.07/1,000 SF |
| No. Dock-High Doors/Loading | 54 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | IWD |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Auto Brokers Of Nashville
- Retailer
- -
- -
- -
- Biryani Express
- Accommodation and Food Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Auto Brokers Of Nashville | Retailer | - | - | - | ||
| Biryani Express | Accommodation and Food Services | - | - | - |
1 1
Property Taxes
| Parcel Number | 105-08-0-112 | Improvements Assessment | $547 CAD |
| Land Assessment | $2,680,427 CAD | Total Assessment | $2,680,974 CAD |
Property Taxes
Parcel Number
105-08-0-112
Land Assessment
$2,680,427 CAD
Improvements Assessment
$547 CAD
Total Assessment
$2,680,974 CAD
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1500 2nd Ave S
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