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Mixed-Use Property with Redevelopment Potential
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218 4th Ave N, Nashville, TN 37219

Existing bar space supports reconfiguration or vertical expansion under the current zoning framework.

Property SizeContact for details
Days on Market144

Property Features for 218 4th Ave N

General Information

Standard status Active
Property subtype Hospitality, Mixed Use, Retail
Listing Agency: Hilco Global
Listed By: Keith Worsham · License #GA #267014
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:41AM

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 Hilco Global

Investment Insights

Based on property information with market context.

Located at 218 4th Ave N in downtown Nashville’s Printers Alley, this mixed-use property is currently occupied by Bourbon Street Blues and Boogie Bar. The existing space offers a foundation for continued bar or nightlife use, reconfiguration, or redevelopment into a hotel or STR property. The current zoning allows multiple options, including construction of up to an additional 30 floors.

Printers Alley is a National Register Historic District known for its cobblestone streets, historic facades, and concentration of bars, clubs, and music venues. The property is within walking distance of the Ryman Auditorium, Country Music Hall of Fame, Nissan Stadium, and Bridgestone Arena. Nashville recorded 14.8 million visitors in 2022, a 13% increase from 2021. Nearby development includes the approved 15-story mixed-use project at 215 & 217 3rd Avenue, renovations at The Nashville Arcade, and The Bankers Alley Hotel, which opened in July 2023.

Key Highlights

  • Current occupant: Bourbon Street Blues and Boogie Bar
  • Current zoning supports multiple reconfiguration and redevelopment options
  • Potential to build up to an additional 30 floors

Property Analytics

Current Use

Same Day Payday ... Loan Service

Suggested Use

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

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 37219, TN

2,265
Population
1,977
Households
1.1
Avg Household Size
36
Median Age
82%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
11,325
Density / Sq Mi
$104,199
Median Household Income
$63,302
Median Earnings
$2,104
Median Rent
$393,800
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing bar space supports reconfiguration or vertical expansion under the current zoning framework.
Where is this mixed-use property located?
The property is located at 218 4th Ave N Nashville, TN.
What are key features of this property?
This property features: Current occupant: Bourbon Street Blues and Boogie Bar; Current zoning supports multiple reconfiguration and redevelopment options; Potential to build up to an additional 30 floors
More about this property
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