Mixed-Use Redevelopment Opportunity
3,480 SF Building | 0.19 Acre Lot
Marketing description
For registration requirements and regulations, please review here or contact Blake Batula | 916.380.7406 | bbatula@crexi.com.
Corporate Property Xchange is pleased to present 1912 Church Street, a high impact redevelopment site located next to the St. Thomas Ascention Midtown Hospital Campus in the Vanderbilt University/ West End submarket, one of Nashville’s most supply constrained and in-demand urban corridors. Opportunities to assemble or acquire parcels of this scale in this location are extremely limited. The property is positioned for mixed-use redevelopment, with zoning and density allowances that support a meaningful vertical project (buyer to verify FAR, height, and use).
The existing improvements are best suited for redevelopment, offering a clear path to reposition the site for higher and better use. Investors and developers can capitalize on strong fundamentals, including strong demand, walkability, and proximity to Vanderbilt and West End, Midtown, The Gulch and Downtown. This is a straightforward value-add and redevelopment opportunity in a high-barrier-to-entry market, with the ability to deliver a scaled project in a proven location.
At the present time, the immediate area is one of the highest, in-demand urban development areas of the entire Nashville MSA. Furthermore, this submarket is at the top of development of high end medical, office, retail, mixed-use, and hospitality; resulting in Nashville being at the top of corporate relocations nationwide.
· Non-Contingent
· Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price
· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum
· $10,000 Participation Deposit
1912 Church St, Nashville, TN 37203
Investment highlights
TN Auctioneer Stephen Dawson TN 7746
3,480 square foot building
Currently 1 retail unit
Just under .2 ac of prime downtown property
Built in 1943, Renovated in 1978
Prime buildable location in Nashville's Vanderbilt area
Perfect opportunity for a Class A retail, office or mixed use redevelopment
Considered one of the top districts for development projects in Nashville
Situated near the Downtown Nashville Interstate Loop (I-240)
Located next to the West End/Vanderbilt Corridor with a strong medical real estate presence
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