Trending

“Music Loft” that hosted country stars up for bids starting at $1M

Three-bedroom unit in historic downtown building being offered via Interluxe Auctions

<p>A photo illustration of Tim McGraw, Reba McEntire and Faith Hill along with Nashville&#8217;s &#8220;Music Loft&#8221; at 219 Second Avenue North in Nashville (Getty, Interluxe Auctions, Google Maps)</p>

A photo illustration of Tim McGraw, Reba McEntire and Faith Hill along with Nashville’s “Music Loft” at 219 Second Avenue North in Nashville (Getty, Interluxe Auctions, Google Maps)

A piece of Nashville entertainment legacy is heading to auction next month with a starting bid of $1 million.

Interluxe Auctions, in partnership with Compass’ Stephen Brush, will oversee the Feb. 3 auction of Music Loft, a 2,475-square-foot property at 219 Second Avenue North, the Nashville Business Journal reported

The three-bedroom, two-bathroom loft is on the second level of the historic Market Street Building. Since its completion in 1899, the loft has functioned as a private residence, an event venue and a short-term rental. Its standout features include floor-to-ceiling windows and a performance stage. 

The Music Loft is well-known for hosting country music legends such as Tim McGraw, Faith Hill, Reba McEntire and Lainey Wilson. 

Sign Up for the undefined Newsletter

JHR Music Loft acquired the unit for $1.75 million in 2018. This breaks down to a sale price of $707 per square foot. The company had previously listed it for $3.2 million before deciding to sell it at auction. The original listing price equated to $1,292 per square foot.

The Second Avenue loft is situated at the heart of a major redevelopment effort in downtown Nashville. The Metropolitan Development and Housing Agency recently reopened part of Second Avenue to traffic after extensive repairs following the 2020 Christmas Day bombing. Work continues on the final section requiring reconstruction.

Another Second Avenue property, a historic office building at 217 Second Avenue North will also go up for auction on January 29. The starting bids for the building, which spans between Commerce Street and Broadway, are expected to range from $3 million to $6 million.

— Andrew Terrell

Read more

Wheelock Street Capital Sells Discounted Nashville Office Asset
Commercial
National
Wheelock Street Capital offloads office tower at 85% discount
Austin’s Sett Studios to Develop 10 Luxury Homes in Nashville
Development
Nashville
Builder brings Austin modern chic to growing Nashville luxury market
Magnolia Investment Properties Lists Nashville Office Asset
Commercial
Nashville
Magnolia tees up office-to-resi prospect near Nashville Yards
Recommended For You