Building housing a retail business founded in 1930 put up for sale | Development

The West Nashville building housing Elder’s Bookstore — one of Nashville’s oldest retail operations — has been listed for sale for $3.25 million, with the future status of the business unclear.

The nondescript 5,200 square foot building sits on 0.28 acres with an address of 101 White bridge pike. It was built in 1964 and previously housed mattress retailer Sleep Outfitters.

101 White bridge pike

Randy Elder and Anita Elder own the property, having paid $1.3 million in 2014, according to Metro records. The elders moved their rare, collectible and used book shop to the building that year after the family business had operated for the previous 46 years on Elliston Place.

Operating since 1930 and specializing in history books, Elder’s Bookstore bills itself as the oldest such business in the state. It also ranks among the oldest family businesses in Nashville, whether retail or otherwise.

Randy Elder referred questions to Bill Acree, owner of Nashville-based Acree Development. Acree, which handles marketing and sales of the property, could not be reached to inquire whether the bookstore will remain once the property sells.

According to the company’s website, the late Charles Elder founded the company in 1930, operating it out of a downtown building at the current location of the L&C Tower. Elder then moved the bookstore to West End Avenue in 1940, before moving it to 2115 Elliston Square in 1968.

It should be noted that the late George Morris previously owned the building on White Bridge Road, having paid $40,000 for it in 1973, according to Metro records. Morris, who died aged 100 in 2015, once served as chief financial officer of then Chattanooga-based Olan Mills Inc. Longtime Nashvillians will remember the since-sold company for its church director photography services.

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