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1022 Virginia Ave 1,165 SF 63% Leased Office Building Nashville, TN 37216 $490,000 ($420.60/SF)
Investment Highlights
- ±1,165 SF primary stone structure
- Basement configured as a one-bedroom apartment with separate entrance and utilities
- Detached structure features metal roof and covered parking connection
- ±850 SF basement level with full bath and kitchenette
- ±980 SF detached two-story masonry building on poured concrete slab
- ±0.13-acre lot located in East Nashville’s Inglewood neighborhood
Executive Summary
1022 Virginia Ave presents a flexible live/work or mixed-use office, warehouse, and residential opportunity in East Nashville’s highly sought-after Inglewood neighborhood. The ±0.13-acre site is improved with a ±1,165 SF stone structure, including an ±850 SF ground-level unit with full bath, and a ±980 SF detached two-story masonry building situated at the rear of the property. The existing improvements provide a functional layout well suited for owner-users, investors, or operators seeking a small-scale commercial footprint with integrated residential or workspace components in one of East Nashville’s most active and evolving corridors.
The primary structure features durable stone exterior construction, abundant natural light, and functional interior improvements including a fireplace, washer and dryer. The lower level is configured as a one-bedroom apartment with full bath, kitchenette, separate entrance, and independent utilities, creating potential for supplemental income, guest quarters, or workspace use (subject to verification).
At the rear of the property, the two-story block structure with metal roof offers additional flexibility for studio, storage, workshop, or creative workspace use. Covered parking is also connected to this structure, further enhancing the property’s functionality.
Positioned within close proximity to neighborhood retail, dining, and major East Nashville corridors, 1022 Virginia Ave offers a flexible asset that can be repositioned, modernized, or adapted to a variety of commercial or mixed-use strategies.
For more information, or to schedule a tour:
(615) 721-2515
Info@EdgefieldCommercial.com
The primary structure features durable stone exterior construction, abundant natural light, and functional interior improvements including a fireplace, washer and dryer. The lower level is configured as a one-bedroom apartment with full bath, kitchenette, separate entrance, and independent utilities, creating potential for supplemental income, guest quarters, or workspace use (subject to verification).
At the rear of the property, the two-story block structure with metal roof offers additional flexibility for studio, storage, workshop, or creative workspace use. Covered parking is also connected to this structure, further enhancing the property’s functionality.
Positioned within close proximity to neighborhood retail, dining, and major East Nashville corridors, 1022 Virginia Ave offers a flexible asset that can be repositioned, modernized, or adapted to a variety of commercial or mixed-use strategies.
For more information, or to schedule a tour:
(615) 721-2515
Info@EdgefieldCommercial.com
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,165 SF
Building Class
B
Year Built
1925
Price
$490,000
Price Per SF
$420.60
Percent Leased
63%
Building Height
3 Stories
Typical Floor Size
388 SF
Building FAR
0.21
Lot Size
0.13 AC
Zoning
SP - This property is zoned Commercial with a special use permit.
Parking
4 Spaces (3.43 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 061-11-0-156 | Improvements Assessment | $34,300 |
| Land Assessment | $39,000 | Total Assessment | $73,300 |
Property Taxes
Parcel Number
061-11-0-156
Land Assessment
$39,000
Improvements Assessment
$34,300
Total Assessment
$73,300
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1022 Virginia Ave