5011 Michigan Ave Nashville, TN $ 4,500,000
5011 Michigan Ave
$ 4,500,000
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5011 Michigan Ave

Nashville, TN, 37209
$ 4,500,000
Baths0.0 Sq 9,314

Monthly Estimate*

$ 31,434

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Studio

Commercial Property for sale in Nashville, TN

for $4,500,000. This 9,314 square foot building was built in 1978 on a lot size of 0.38.

Exceptional opportunity awaits in The Nations! Prime location boasting 2 combined lots, strategically positioned for maximum exposure & endless potential. Commercially zoned in a vibrant, walkable corridor, offering multiple build options including mixed-use & live/work spaces. With 150' of frontage on 51st Ave N, 110' on Michigan Ave & on the shared alley side, visibility is unparalleled. Join the thriving community, surrounded by successful developments like on the neighboring lot combining 3 commercial spaces with 18 residential units above, along with numerous others on 51st & Centennial Blvd. Please respect the existing business & schedule showings by appointment only. Contact the listing agent to confirm, & note that the owner must be present to provide access. Selling AS-IS, land & buildings only. Property also known as 910 51st Ave N. Sellers are not interested in leasing or offering owner financing. Don't miss out on this incredible investment opportunity!

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Commercial Active

Price

$ 4,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

0.38

Year Built

1978

Town/City

Nashville

County/Region

Davidson

MLS | Web ID

2635597

Features
General
Possession Close Plus 30 Days
Zoning Cs/Uzo
Security Features Security System
Year Built 1978
Property SubType Mixed Use
County Davidson County TN
Property Type Commercial Sale
Status Active
Directions I-40 WEST to 46th Ave Exit to RIGHTon 51st Ave to RIGHT on Michigan Avenue.
City Nashville
Waterfront Y/N N
Street Name Michigan Ave
Days on Market 0
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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Exterior
Total Parking 0
Lot Size Area 0.38
Building Area Total 9314
Lot Size Acres 0.38
Lot Size Units Acres
Lot Size Source Assessor
Covered Spaces 0
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Interior
Air Conditioning Y/N N
Heating Y/N N
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Internal Only
Street Number 1 5011
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* Excluded Features
List By
Exit Realty Elite

Broker

tburton@realtracs.com

Email

Affordability Calculator

$31,434
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,434
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$4,500,000 Listed Price

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5011 Michigan Ave, Nashville, TN, 37209 is a Commercial Property for sale at $4,500,000 with 9,314 sqft and a lot size of 0.38. 5011 Michigan Ave is a studio with 0.0 baths and was built in 1978. The property's zip code is 37209 which is in Nashville, TN