115 16th Avenue South
Land | 0.57 acres
Marketing description
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.
Investment highlights
- Walkable to multiple highly-trafficked and amenitized neighborhoods
- Incredible Downtown and Midtown views
- Possible opportunity for covered land play for user or investor
- Surrounded by several recent and proposed developments
- Possibility to significantly increase density
- Flat, nearly square lot
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