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Courtesy of Cumberland Properties, LLC.
SALE INCLUDES THE LOT NEXT DOOR MLS #2807242 – 109 CLEVELAND STREET. Attention Developers & Investors! Great opportunity to own 2 adjacent lots in the desirable Cleveland Park Neighborhood with sidewalk lined streets. This lot has an alley on the left (west) lot line & will have downtown views with future development. The property is located across Dickerson Pk. from the new Oracle site in the East Bank Development. The East Bank Development consists of approximately 550 acres of residential, retail, & office space in addition to sports & music venues. Oracle’s $1.35 billion development is on 70+ acres, & will contain over 1.2 million square feet of office space & is set to employ 8,500 with an average salary of $110,000. There is a home on the lot that is currently rented for $1,700 per month & can provide rental income during the planning & development processes. Cleveland Park is one of East Nashville’s fastest evolving neighborhoods in the urban core. The current zoning allows for DADU’s (Detached Accessory Dwelling Units) to be constructed. DADU’s are ideal for investors & home owners for their supplemental income possibilities. The listing firm is the owner & the agent is related to the seller.
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