A building with more than a century of history is whole of opportunity in Nashville, TN.
Built all over 1900, the Layman Building is outlined for $10 million. 3 heaps adjacent to the room are integrated in the sale, for a total of almost a 50 percent-acre.
“It’s historic, and absolutely everyone loves to see a historic house,” says listing agent Rob Wagner, with Benchmark Realty. “And it has been fully restored, which is great. It’s in an particularly hot location of Nashville. It opens up a whole earth of options for a consumer.”
Positioned in the Chestnut Hill community, the creating is within an quick wander of quite a few stores and restaurants.
The setting up is zoned for mixed use and is now a superior-stop, 3,494-square-foot recording studio. It has 3 loos and a kitchen.
“It’s that red brick, which is a typical look right here in Tennessee,” Wagner says. “As soon as you open the front doorway, it’s just so welcoming. It has tons of character. … You have all of the new and then a good deal of factors of the old mixed alongside one another, which helps make it rather neat.”
The developing was a doctor’s office environment prior to housing Layman Drug Co., which shut in 1993.
“It was genuinely neat because there was a dwelling quarters higher than the retailer, which was incredibly frequent in the late 1800s,” Wagner suggests.
He notes that it would be quite simple to convert the residence back into residential house.
The latest entrepreneurs purchased the position in 2015 for $1,050,000. It was a neglected duplex condominium at the time, and they remodeled it into a recording studio.
“They actually rebuilt the total entrance of the constructing, brick by brick,” Wagner says. “They disassembled it and then place it back, producing it even stronger, superior, and extra solid for many years far more to come.”
The house owners also replaced all of the building’s mechanical factors but still left quite a few of the charming aspects, these as historic ceilings and signage.
A whole lot of potential
Wagner says that while the making alone is astounding, the a few more loads give the assets virtually unrestricted versatility.
It “could be a drugstore again, with someone dwelling above it,” he notes. “Or somebody could acquire the more plenty and establish some extra professional, or condos, or whichever. It does have a ton of growth potential.”