Jon Bon Jovi’s namesake bar on Broadway<\/a> is for sale for $130 million.<\/p>\n The listing, which hit the market on Sept. 30, is a sale\/leaseback, meaning the building is up for sale but JBJ’s will continue operating as the tenant.<\/p>\n The 36,767-square-foot, five-story establishment which opened in 2024<\/a> has a full-service restaurant and bar with a multi-million-dollar industrial kitchen mentioned in the listing as the largest full-service kitchen on Broadway. Bon Jovi partnered with Nashville real estate development firm BPH Hospitality, a wholly owned subsidiary of Big Plan Holdings, which purchased the empty lot at 405 Broadway in 2020. The bar has frontage on both Broadway and Fourth Avenue.<\/p>\n Bon Jovi oversaw the design process and collaborated with developer\u00a0BPH Hospitality<\/a> on how the space would end up functioning. He also provided all of the memorabilia that lines the walls of the space.<\/p>\n Backstory: <\/strong>See what Jon Bon Jovi said when he and the band toured JBJ’s Nashville for the first time<\/a><\/span><\/p>\n Lower Broad life: <\/strong>Your essential guide to Nashville’s star-studded nightlife on Lower Broadway<\/a><\/span><\/p>\n During a grand opening tour, Bon Jovi and several bandmates were on-hand for their first official look at the finished product. Bon Jovi told The Tennessean it was like “Christmas morning.”<\/p>\n “I knew this space as a parking lot,” he said. “We came once during the construction, but we haven’t seen the finished product until today.”<\/p>\n Bon Jovi band members, bass player, Hugh McDonald, left, keyboardist, David Bryan, drummer, Tico Torres, and singer, Jon Bon Jovi at the new JBJ\u2019s rooftop bar and restaurant on June 6, 2024 in Nashville, Tenn.<\/p>\n After two years of entitlement and site work, 405 Broadway was the first ground-up development on Lower Broadway since 2018. The property was designed to be the premier asset on one of the most visited streets in America.<\/p>\n This is a developing story.<\/p>\n Melonee Hurt covers music and music business at The Tennessean, part of the USA TODAY NETWORK \u2014\u00a0Tennessee. Reach Melonee at\u00a0mhurt@tennessean.com<\/a> or on Instagram at @MelHurtWrites.<\/p>\n<\/span><\/div>\n