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Listed by Tiffany Burton • Exit Realty Elite
$ 4,000,000
Est. payment /mo
Active
5011 Michigan Ave Nashville, TN 37209
9,314 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,314 sqft
Price per Sqft $429
MLS Listing ID 2635597
Year Built 1978
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Mixed Use
Property Description
Metro ordinance changes have recently eliminated height restrictions, setbacks, and unit density limits in The Nations, significantly enhancing development flexibility and investment potential. This offering includes two combined, commercially zoned lots with 150' of frontage on 51st Ave N, 110' on Michigan Ave, plus alley access, all in one of Nashville's most walkable and high-visibility corridors. Build right up to the sidewalks and as tall as desired—ideal for mixed-use, live/work, or multi-family development. Surrounded by successful neighboring projects, including retail storefronts with residential units above along 51st Ave and Centennial Blvd. The sellers have closed their auto body repair business. Property is being sold AS-IS for land and buildings only. No leasing or owner financing offered. Showings by appointment only with the owner present for access. Also known as 910 51st Ave N. A rare opportunity in a rapidly transforming neighborhood now open to unprecedented by-right development.
Location
State TN
County Davidson County
Zoning Cs/Uzo
Interior
Fireplace N
Others
Special Listing Condition Standard
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Paul Bullington
Broker | Property Manager | License ID: 311465
+1(615) 492-4663 | paul@paulbullington.com