authors William Williams
An old-school North Nashville warehouse located near Marathon Village and listed for sale for about two years has seen its asking price reduced to $5.9 million.
Located at 706 19th Ave. N. and built in 1930 by John B. Ransom — a prominent Nashville businessman for whom a since-razed elementary school building on the city’s west side was named — the masonry building spans 54,700 square feet and is home to tenant Business Furniture Warehouse.
Via an LLC, David Scott Lawson owns the 0.58-acre property, having acquired the site in May 2014 for $575,000, according to Metro records. Lawson also owns Business Furniture Warehouse and told the Post he will relocate the business after he sells the property. He said he will stay in Nashville but is not ready to disclose the parts of the city on which he might be focused.
Sometimes called the Ransom Lumber Building, the warehouse is being marketed as offering Class C space, with its zoning to allow for a mixture of uses. The listing is the equivalent of about $108 per square foot based on the building’s size.
Lawson originally listed the building in early 2018 with a brokerage firm. However, and over the past 24 months, he said he has not yet found a suitable replacement warehouse to which to move. He is now listing the property for sale himself and has reduced the offering price by $100,000.
The building (pictured), at one time home to clothing article maker Allen Garment Co., is located one block west of Martin Luther King Jr. Academic Magnet High School, with Marathon Village sitting two blocks to the east. Charlotte Avenue is located about four blocks to the south.
“We have enjoyed our time at this facility,” Lawson said. “It has been good for our business and our customers, and we will remain in Davidson County.”
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