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Small south side ex-bar building offered for $1.25M


Located at
1281 Third Ave. S. and sitting on 0.09 acres in Chestnut Hill, the two-story building is owned by Bento Nashville II LLC, which paid $350,000 for the property in January 2018, according to Metro Records.
A related Bento entity paid $950,000 in August 2016 for the adjacent site on which the apartment building sits.
The ownership entity has enlisted Jeremiah Pyron, partner with Sagemont Real Estate, to handle the marketing and sale of the 2,856-square-foot concrete-block building. The mural-adorned structure had housed restaurant and bar B1281, which served Hawaiian-inspired cuisine and cocktails before permanently closing at year’s end.
Located east of Wedgewood-Houston, the property includes an outdoor patio and is suitable, Pyron said, for office, retail and/or restaurant usage. The offering is the equivalent of about $438 per square foot based on the small building’s size. ....

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