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115 16th Ave S 0.57 Acres of Commercial Land in Nashville, TN 37203
INVESTMENT HIGHLIGHTS
- Walkable to multiple highly-trafficked and amenitized neighborhoods
- Possible opportunity for covered land play for user or investor
- Possibility to significantly increase density
- Incredible Downtown and Midtown views
- Surrounded by several recent and proposed developments
EXECUTIVE SUMMARY
Avison Young is pleased to present an opportunity to acquire a 0.57-acre site within the Nashville’s Midtown submarket. The site is primed for a high-rise development, or
the 13,800-sf eclectic building could be adaptively reused for a prestigious and unique covered land play.
The site is within walking distance to a myriad of bustling restaurants, bars, retail, and office and steps away from Vandlerbilt University and the famed Music Row. The Music
Row Roundabout serves as a connector to the Gulch, Downtown, West End, and Music Row, each within a one to two minute drive.
Many famed high-end restaurants and restaurant groups from all over the world are flocking to this area including Sean Brock’s restaurant in the 1221 building. Recent news
has suggested luxury hospitality including Pendry, St. Regis, and the Ritz Carlton will be nearby, solidifying the growing and increasingly strong profile and growing demographics
of this micromarket.
the 13,800-sf eclectic building could be adaptively reused for a prestigious and unique covered land play.
The site is within walking distance to a myriad of bustling restaurants, bars, retail, and office and steps away from Vandlerbilt University and the famed Music Row. The Music
Row Roundabout serves as a connector to the Gulch, Downtown, West End, and Music Row, each within a one to two minute drive.
Many famed high-end restaurants and restaurant groups from all over the world are flocking to this area including Sean Brock’s restaurant in the 1221 building. Recent news
has suggested luxury hospitality including Pendry, St. Regis, and the Ritz Carlton will be nearby, solidifying the growing and increasingly strong profile and growing demographics
of this micromarket.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.57 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | MULTI-ZONE - Zoned Core Frame (CF) and is within the Music Row Urban Design Overlay (UDO) and the Arts Center Redevelopment District. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.57 AC |
| No. Stories | 1 |
| Zoning | MULTI-ZONE - Zoned Core Frame (CF) and is within the Music Row Urban Design Overlay (UDO) and the Arts Center Redevelopment District. |
1 LOT AVAILABLE
Lot
| Lot Size | 0.57 AC |
| Lot Size | 0.57 AC |
Flat, nearly square lot
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 093-13-0-006 | Improvements Assessment | $658,588 CAD |
| Land Assessment | $3,139,032 CAD | Total Assessment | $3,797,620 CAD |
PROPERTY TAXES
Parcel Number
093-13-0-006
Land Assessment
$3,139,032 CAD
Improvements Assessment
$658,588 CAD
Total Assessment
$3,797,620 CAD
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115 16th Ave S
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