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1040 Main Street - Midway District Development Site 3.79 Acres of Commercial Land Offered at $2,053,289 CAD in Hendersonville, TN 37075



Executive Summary
The W Main Street Development Opportunity presents investors and developers with the opportunity to acquire a highly visible ±3.79-acre development site located along one of Hendersonville’s primary commercial corridors. Positioned on W Main Street / US-31E with immediate proximity to TN-386 / Vietnam Veterans Boulevard, the property benefits from strong regional access, high pass-by exposure, and placement within an established highwayservice node serving both local residents and commuter traffic.The site is currently vacant and undeveloped, offering a clean development canvas with public utilities available and commercial zoning in place. The property supports multiple execution paths, including near-term commercial development and potential multifamily redevelopment supported by the City of Hendersonville’s Westlake Framework Plan. This dual-path positioning provides investors with flexibility to pursue immediate retail/service-oriented uses or evaluate a higher-density residential strategy aligned with long-term municipal planning objectives. Located within the Westlake Framework Plan’s Midway District, the property is positioned in an area identified for redevelopment, corridor intensification, and mixed-use growth. The framework supports a planning direction that may accommodate approximately 52 multifamily units at roughly 15 units per acre, while the existing commercial context supports uses such as QSR, service retail, automotive services, convenience retail, and professional or medical office. This combination of policy support, corridor visibility, and interchange proximity creates a compelling development opportunity within one of Sumner County’s most active growth corridors.
Property Facts
| Price | $2,053,289 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.79 AC |
| Zoning | GC - General Commercial zoning | ||
| Price | $2,053,289 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.79 AC |
| Zoning | GC - General Commercial zoning |
1 Lot Available
Lot
| Price | $2,053,289 CAD | Lot Size | 3.79 AC |
| Price Per AC | $541,764.79 CAD |
| Price | $2,053,289 CAD |
| Price Per AC | $541,764.79 CAD |
| Lot Size | 3.79 AC |
The site is currently vacant and undeveloped, offering a clean development canvas with public utilities available and commercial zoning in place. The property supports multiple execution paths.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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1040 Main Street - Midway District Development Site
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