East Nashville, TN – East Nashville’s historic Roxy Theater sold for $1.3 million
From The Tennessean: “We anticipate that area becoming a very lively and engaging commercial corridor and we hope to have announcements over the next few months after we identify and come to terms with potential tenants,” Kyle said.
827 Meridian Partners LLC, the Kyle-led buying entity, bought the properties at 827 and 831 Meridian Street from Robert Solomon. The purchase included just over half an acre on which the 1930-built, 9,352-square-foot former historic theater sits at the northeast corner of Meridian and Wilburn streets plus 0.23 acres on vacant commercial land at 831 Meridian St.
Robbie Jones is a board member of Historic Nashville Inc., which included the Roxy Theater on its 2013 Nashville Nine list of the city’s most endangered historic places.
“As one of the only remaining historic movie theater buildings in Nashville, Historic Nashville is very excited about plans to preserve it,” Jones said. “The Roxy is a beloved neighborhood landmark in East Nashville and definitely one of the historic places that makes our city unique.”
Full story at: http://www.tennessean.com/story/money/real-estate/2016/09/20/east-nashvilles-historic-roxy-theater-sold-13-million/90731282/
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