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Downtown Nashville Mixed-Use Building
For Sale
$11,900,000

218 3rd N Ave, Nashville, TN 37201

Prime mixed-use property in downtown Nashville with income potential.

Property Size20,000 SF
Price / SF$595
Days on Market526

Property Features for 218 3rd N Ave

General Information

Standard status Active
Size 20,000 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1890
Listing Agency: Berkshire Hathaway HomeServices Woodmont Realty
Listed By: Kadie Black · License #334836
Source: Exitrealty
Added: Feb 20, 2025 Changed: Jul 6 Last Checked: Jul 30 at 8:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Woodmont Realty

Investment Insights

Based on property information with market context.

Located in the heart of downtown Nashville, Tennessee, the property at 218 3rd Avenue North offers approximately 20,000 square feet across four floors, including a basement level. The street-level retail space is leased to The Black Rabbit, a local restaurant known for its small plates and craft cocktails. The second and third floors feature furnished lofts with high-end interiors designed by Kathy Anderson of Anderson Design, providing a modern living experience. The fourth floor is ready for build-out, with approved plans and permits to add an additional floor and a rooftop deck. The property conveys six stories of air rights, in accordance with Davidson County’s downtown building regulations.

Key Highlights

  • Prime downtown Nashville location.
  • Leased street‑level retail space provides immediate income with The Black Rabbit.
  • Furnished lofts feature high‑end interiors designed by Anderson Design.

Property Analytics

Current Use

Black Rabbit Restaurant Riverbirch Nashville Llc Construction Company Shane and Raychle Photography Wedding Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store Tanning Salon Fish Market Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,610
Businesses Nearby
153k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 83% Dining 12% Apparel 5%
Renaissance Nashville Hotel Hotels & Casinos
33,535 visits/mo 0.3 miles
Embassy Suites By Hilton Nashville Downtown Hotels & Casinos
28,029 visits/mo 0.5 miles
Hyatt Place Nashville Downtown Hotels & Casinos
16,975 visits/mo 0.5 miles
Sheraton Grand Nashville Downtown Hotels & Casinos
13,375 visits/mo 0.3 miles
Double Tree By Hilton Downtown Nashville Hotels & Casinos
13,102 visits/mo 0.1 miles

Demographics for 37201, TN

2,448
Population
1,525
Households
1.6
Avg Household Size
36
Median Age
73%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
8,160
Density / Sq Mi
$88,438
Median Household Income
$75,952
Median Earnings
$1,944
Median Rent
$391,900
Median Home Value

Market

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime mixed-use property in downtown Nashville with income potential.
Where is this mixed-use property located?
The property is located at 218 3rd N Ave Nashville, TN.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Prime downtown Nashville location.; Leased street‑level retail space provides immediate income with The Black Rabbit.; Furnished lofts feature high‑end interiors designed by Anderson Design.
More about this property
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