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Property with Shoney s history sells for $6 6M | Development

Developer buys again in Midtown with $7 7M purchase

East Nashville building near brewery sells for $1 4

Located at 1520 Porter Road, the building accommodates Save A Trip Market & Laundry, a convenience store, laundromat and fuel station. The new owner is a general partnership, details about which the Post was unable to determine. The seller was William Shaar, owner of Brentwood-based Realty of America. He had paid $481,500 for the property in April 2015, according to Metro records. The building offers 4,800 square feet. As such, the deal is the equivalent of about $292 per foot based on the structure’s size. James Moore, owner of Nashville-based Blue Iris Real Estate, facilitated the transaction. Of note, veteran local real estate investor Jim Crossman once owned the property, having paid $27,500 for it in 1975, Metro records show.

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