The SoBro property once home to Czann s Brewing Co. has been offered for sale for $15.9 million â almost twice the figure the owner paid for it four years ago.
The three-parcel site spans 1.17 acres and offers two buildings (neither of which offers a tenant) and a main address of
500 Lafayette St. The offering is the equivalent of about $312 per foot based on acreage.
A Brentwood-based LLC owns the property, having paid $8,165,000 for it in June 2017, according to Metro records. The LLC seemingly is affiliated with real estate investor Ashok Patel. In April 2018, Patel and Natvar Patel sold for $2 million the Twelve Oaks Motel, a then-no-frills business located at 656 W. Iris Drive in Berry Hill (read