Historic Nashville Property on 2nd Ave Listed for Auction: A $9M Live-Work Opportunity

If you're considering selling your home or relocating to Nashville, TN, this latest real estate opportunity showcases the thriving Middle Tennessee market. A historic building on 2nd Avenue in downtown Nashville will be auctioned by Sotheby’s Concierge Auctions, highlighting the city's rich history and lucrative real estate potential.

Prime Location for Nashville Homeowners and Relocators

Located at 217 2nd Ave. N., this circa-1875 brick building blends residential and commercial functionality, ideal for homeowners or investors seeking a live-work space in Nashville's bustling downtown. The property, currently listed for $9 million, will open for auction on January 15, with bids starting between $3 million and $6 million.

Luxury Meets History in Nashville Real Estate

This three-story building offers unique features, including:

• A three-bedroom, three-bathroom apartment on the top floor.
• A fully equipped interior design studio on the ground and mezzanine levels.
• A personal recording studio in the lower level.

The building is owned by Kathy Anderson and David Malloy, who have meticulously renovated the space while preserving its historic charm. For potential buyers, this property represents both a piece of Nashville's heritage and a modern investment opportunity.

Flexible Zoning for Homeowners and Investors

One of the standout features is its mixed-use zoning, allowing for both residential and commercial applications. The residential unit is also eligible for use as a short-term rental, making it an attractive option for relocators or investors looking to capitalize on Nashville's booming tourism market.

Why Now Is the Perfect Time to Invest in Nashville

Nashville’s real estate market continues to grow, fueled by the city's expanding cultural and business opportunities. The sale of this property coincides with the revitalization of 2nd Avenue, which has undergone significant improvements since the 2020 Christmas Day bombing. The building is located on the newly revitalized "north block," featuring expanded sidewalks, new greenery, and improved roadways.

What Makes Nashville Real Estate So Appealing?

The building's historic significance adds to its allure:

• Originally built as a tin shop in 1875, it later served as the George Dickel Company outpost and a Cascade Hollow Distillery location.
• It housed the offices of civil rights attorney George Barrett in the mid-20th century.

“Nashville’s dynamic growth and international appeal have made it a magnet for creativity and investment,” said current owner David Malloy. “This property perfectly embodies that spirit.”

Your Chance to Own a Piece of Nashville History

The auction is part of Sotheby’s "Visions of America" sales series in New York, concluding on January 29. According to Chad Roffers, Concierge Auctions' co-founder and CEO, the property’s design and prime location are expected to attract significant interest.

For homeowners looking to upgrade, sellers considering the market, or relocators eyeing Middle Tennessee, this auction showcases the value of Nashville real estate. Whether you're planning to sell your home or move to Nashville, the city’s unique blend of history, culture, and opportunity is unparalleled.

Ready to explore your options in Middle Tennessee real estate? Connect with a trusted Nashville realtor today to discover properties like this one or to list your home in this thriving market.