This Art Deco Loft is a High-Potential Investment Opportunity, listed at $649,900—positioned well below the $755,244 Fair Market Value by 13%. This valuation gap offers $105,344 in Instant Equity. Featuring 20-ft ceilings, reclaimed brick, and a rooftop lounge with skyline views, the property maintains a Mint Condition Rating. While school ratings in the immediate vicinity vary, the secure, underground parking and energy-efficient concrete construction provide rare urban utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, high-value downtown residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 239 Rep John Lewis Way N 302 Subject 2 bd · 2 ba · 1,370 sqft · $551 | $649,900* List Price | 2 | 2 | 1,370 | $551 | - |
A 415 Church St 1001 Sold 2 bd · 2 ba · 1,465 sqft · $539 · 0.1 mi | $790,000 | 2 | 2 | 1,465 | $539 | 0.1 mi |
B 231 Rep John Lewis Way N 406 Active 2 bd · 2 ba · 1,251 sqft · $452 · 0.0 mi | $564,900 List Price | 2 | 2 | 1,251 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building dates to 1900, the interior is a high-end loft conversion featuring brand new appliances, custom-made double vanities, and modern energy-efficient concrete construction. The description indicates a mint-condition, move-in ready space with recent updates and custom design elements throughout.
Located in the iconic Art Deco Kress building, this loft features 20-foot ceilings, exposed ductwork, and reclaimed brick, offering a unique blend of Nashville history and modern industrial style.
The property includes a rare, extra-large dedicated parking spot in a secure underground garage with a car elevator, plus a rooftop lounge offering panoramic skyline and firework views.
Concrete walls, ceilings, and floors provide exceptional sound dampening and energy efficiency, ensuring a quiet and private living environment in the heart of downtown.
The $650 monthly association fee is a significant recurring expense that may impact overall affordability and debt-to-income ratios for potential buyers.
The assigned public schools for this address have relatively low ratings, which could deter families and potentially limit the pool of future buyers.
This Loft is a living part of Nashville's history. The Art Deco style building was erected in 1935 and presents its significance with mighty, gold letters spelling KRESS on a terra cotta facade. The Kress Lofts offers indoor parking, Juliet balconies, and a Rooftop Lounge with seating for residents and guests to relax, take in Nashville's skyline, and view 4th of July fireworks. Every inch of this home has been maximized for functional living with custom-made design elements. The 2 Bedroom, 2 Full Bath Condo showcases soaring 20-ft ceilings, exposed ductwork, and reclaimed brick accents. The concrete walls, ceilings, and floors dampen sound and have energy-efficiency benefits. Its Kitchen flows with the open concept floorplan and has an Eat-in dining space. The Laundry closet has brand new, stackable appliances that are behind a folding door. The ceiling height allows for an elevated, wood loft with a King-size mattress. It is not a permanent fixture. Beneath the loft is a Nashville-inspired bar with a whiskey barrel table for two, an inviting setting for entertaining and tastings. The Primary Bedroom has wooden cabinets for extra storage, an en-suite Bath with custom-made double vanities, and a walk-in shower. The Guest Bedroom has a distinctive features, a rounded wall and a one-of-a-kind, curved door for privacy. Security keypads are located at the exterior and interior entry doors, which also separate the Lobby from the Residential units. The Parking Garage is underground and has a dedicated, extra-large parking spot for the Owner. It adds improved security and protects your vehicle from environmental factors. The car elevator supports the ease of mobility to visit nearby gyms, dining, entertainment, and shopping. You'll be able to view the Nissan Stadium Dome upon completion. *Up to 1% of the loan amount available with Preferred Lender. Contact Listing Agent for access to the building and a list of negotiable interior furnishings. 615-496-0068.
No exterior & parking available.
Grades PK-4 • 1.4 mi
Grades PK-4 • 1.7 mi
Grades PK-4 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,370 | 1,009.514 |
| Lot Size | 1,307 | 871 |
| Price | $649.9K | $347.6K |
| Price per sq ft | $474 | $343 |
| Built year | 1900 | 2007 |
| HOA | $650 | $334 |
| Days on market | 78 | 92 |
Aug 7, 2026
$649,900
Initial Listing