Investors and developers are lining up to for a crack at what most likely will be the next upscale condominium development on West End. Richard and Vernice Bryan of Fridrich & Clark Realty are marketing
NashvillePost article by Brian A. Courtney
Investors and developers are lining up to for a crack at what most likely will be the next upscale condominium development on West End.
Richard and Vernice Bryan of Fridrich & Clark Realty are marketing a .55-acre site at 3821 West End Ave. that can support up to 20 units based on its RM40 zoning designation. The property includes two lots that front West End and collectively measure 120 feet by 190 feet. A two-story 1930s house divided into eight apartments occupies one lot, while the other is vacant.The asking price for both lots is $900,000, according to Richard Bryan.
“There’s been a whole lot of interest, and we’re talking to several people,” Bryan told NashvillePost.com. He declined to comment on whether his firm hadsecured contracts on the property.
The property is located adjacent to The Kimberly, a small two-story apartment building built in the 1970s, and across West End from TheMontclair condominiums. This stretch of West End carries a scenic highwaydesignation, which imposes height restrictions on new developments of threestories or 35 feet.
While the sale of the property will represent opportunity for some, it will be a bittersweet moment for seller Sue Johnson. Johnson’s mother, ElizabethJones, purchased the property in 1950 and lived there until her death in the late 1990s. Jones owned several other houses on West End prior to owning the 3821 property. One of those has since been razed to accommodate a nearby fire hall. The other is located adjacent to the vacant lot.
“I hate to see it go. I feel like Scarlett O’Hara in Gone With the Wind,” Johnson said.
Realtor Rich French of French Christianson Patterson & Associates is developing five luxury residences on a double lot in the 3600 block of WestEnd Avenue. He paid $750,000 for the two parcels in 2000.
