20 Academy PlNashville, TN 37210

Property Details for 20 Academy Pl

Year built

1910

Lot size

0.16 AC

Property size (Sq ft)

2,628 SF

Property type

Mixed-use properties

Description

This exceptional 2,628 square foot mixed-use property at 20 Academy Pl, Nashville, TN, presents a unique development opportunity. Situated on a 0.16-acre lot in the heart of downtown Nashville, this property boasts DTC DOWNTOWN zoning, eliminating the need for parking requirements. The flexible zoning allows for a multitude of uses, including a multi-unit apartment building, a boutique hotel, or even an expansion of the existing restaurant space. The current configuration includes a fully operational restaurant, complete with existing equipment, offering immediate rental income potential or the option for owner-operation. The building's zoning permits construction up to four stories, with potential for additional height through bonus allowances. This translates to unlimited unit potential, maximizing the return on investment. The absence of setbacks allows for building to the full lot line, optimizing space utilization. The property's prime location, within walking distance of the vibrant Broadway entertainment district, ensures high occupancy rates and strong rental demand. This is an unparalleled chance to capitalize on Nashville's thriving real estate market and create a lucrative and impactful development. The asking price is $1,850,000.

Location Insight

City

Nashville

County

Davidson County, TN

State

Tennessee

Latitude

36.1544

Longitude

-86.7652

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