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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
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
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.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 41046365

  • Date on Market: 2026-06-24

  • Last Updated:

  • Address: 1040 Main Street, Hendersonville, TN 37075

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