29
See all 29 photos
Listed by Grace Wagenman • Parks Compass
$7,105,000
Est. payment /mo
13,900 SqFt
Active
4005 Indiana Ave Nashville, TN 37209
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
11/15/2024 07:50 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 13,900 sqft
Price per Sqft $511
MLS Listing ID 2757712
Year Built 2024
Lot Size 1,306 Sqft
Property Description
Package of thoughtfully designed, commercially-zoned and successfully operating non-owner occupied short-term rental properties. This package includes seven currently operating NOO STRs, one NOO STR eligible purpose built new build, and two NOO STR eligible attached HPRs to be built. These properties are crafted for maximum profitability, featuring durable yet stylish finishes, and an ideal location in the heart of one of Nashville’s fastest-growing neighborhoods. The Nations/Charlotte Ave area is booming with new developments, including a new Publix, Toll Brothers, LIV Development, CA South, and more just minutes away. 8 minutes by Uber to Broadway and 5 minutes to Midtown, this prime location attracts both short-term renters and long-term investors. Located in an Opportunity Zone and zoned OR20, this property is a fantastic 1031 Exchange opportunity and may qualify for accelerated depreciation in the first year of ownership. Detailed pro formas are available upon request—don’t miss out on this incredible investment opportunity! Fully furnished and operating--seller is willing to help buyer with NOO STR permitting process to minimize downtime after closing. If buyer keeps property with current management, Airbnb/VRBO reviews and ratings will stay. (NOO STR Airbnb/VRBO) Can be sold as a package including any of the following: 4024 Delaware Ave, 4026 Delaware Ave, 4005A&B Indiana Ave, 4007B Indiana Ave, 4009B Indiana Ave, 600A&B 41st Ave N, 606A&B 41st Ave N. All listed separately as residential listings.
Location
State TN
County Davidson County
Zoning OR20
Interior
Fireplace N
GET MORE INFORMATION