Music Row property provided for $ 3.45 million | improvement
A property on Music Row highlighted by an office building that once served as a residential building is for sale for $ 3.45 million.
Located on 0.18 acres in 1024 17th Avenue S., The American Foursquare structure is approximately 4,650 square feet and was built in 1925.
Ken Royer owns the property through an LLC after paying $ 1,325,000 for it in October 2019, according to Metro records. Since the purchase, Royer has extensively renovated the historic building and, according to marketing materials, added a roughly 1,200-square-foot commercial building.
The offer is $ 590 per foot based on the total size of the buildings.
Royer also owns the Horton Group, a website design and marketing company that operates out of the main building, and is CEO of Brentwood-based marketing, technology, software and web design services company JLB.
Royer has hired Michael Havens, Ronnie Wenzler and Madison Wenzler – Senior Director, Senior Associate and Executive Director in the Nashville office of Cushman & Wakefield in Chicago – to market and sell the property.
Notably, the former owner of the Ernest Tubb Record Shop, David McCormick, apparently once owned the property.