$4,000,000 - 5011 Michigan Ave, Nashville
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 0.38
- Acres
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.
Essential Information
-
- MLS® #:
- 2635597
-
- Price:
- $4,000,000
-
- Bathrooms:
- 0.00
-
- Acres:
- 0.38
-
- Year Built:
- 1978
-
- Type:
- Commercial Sale
-
- Sub-Type:
- Mixed Use
-
- Status:
- Active
Community Information
-
- Address:
- 5011 Michigan Ave
-
- City:
- Nashville
-
- County:
- Davidson County, TN
-
- State:
- TN
-
- Zip Code:
- 37209
Additional Information
-
- Date Listed:
- March 27th, 2024
-
- Days on Market:
- 441
-
- Zoning:
- Cs/Uzo
Listing Details
- Listing Office:
- Exit Realty Elite