5401 Charlotte Ave 2,115 SF Retail Building Nashville, TN 37209 $2,513,591 CAD ($1,188.46 CAD/SF)

DRONE VIDEO: https://clients.dronebase.com/v/94ba2941616961269bc4dd805246ba7f
Location! Location! Location! - Highly visible corner lot!
Excellent Owner/User property!
23,801 Vehicles Per Day along Charlotte Avenue (2024).
All underground tanks were removed in August 2007. Final Approval Of Non-Contaminated Closure Letter from the State of TN received November 2007.
Zoned CS Commercial intended for a wide range of commercial services.
+/- 133' feet of frontage along Charlotte Avenue.
+/- 89' feet of frontage along 54th Avenue.
Excellent property for redevelopment or adaptive-reuse.
Across 54th Avenue from the 40-unit cottage development Richland Station.
Across Charlotte Avenue from Nashville-based Elmington Capital Group's Richland Creek Shopping Center. Elmington Capital Group purchased the retail center in December 2021 with future plans for redevelopment.
• Possible future uses for the property include automobile service and repair, specialty European car service and repair, coffee shop, restaurant, veterinarian office, antiques, personal fitness/training center, law office, title office, medi-spa, counseling center, pharmacy, financial institution, chiropractic office, dental office, bank branch, general office, medical office, psychiatric clinic, urgent care, physical therapy, specialty home goods, neighborhood wine and spirits store, family-owned bakery, clothing sales, convenience store, florist, marble/granite/countertop sales, gourmet ice cream/yogurt/cookie shop, bakery, coffee shop, boutique women’s apparel shop, endodontist office, CPA office, optometrist office/specialty eyewear, credit union branch, insurance office, car rental, food truck park, dry cleaner, etc…
Commercial real estate sales in Nashville, Tennessee, are gaining traction following a sharp decline in volume at the start of 2023. The overall market, which includes industrial, retail, office and multifamily capital markets, saw a 54% quarter-over-quarter increase in sales volume in the first quarter of 2025. Retail sales volume reached almost $330 million during the first quarter of 2025, an increase of about 16% over the previous quarter. Nashville continues to have record-low availability at just 3.3% thanks to retail tenants snatching up space quickly to be part of one of the fastest-growing metropolitan areas in the country. While retail construction has slightly increased over the past few quarters, it's likely not enough to provide much relief for tenants looking for well-located space. The market is likely to remain tight for the foreseeable future.