1315 5Th Ave Nashville, TN 37208

Property Details for 1315 5Th Ave

Year built

1910

Lot size

0.20 lot acres

Property size

2,556 SF

Property type

Commercial real estate

Description

This unique Nashville property, located at 1315 5th Ave N, offers a compelling investment opportunity. The 0.2-acre lot features two buildings totaling 2,556 square feet, built in 1910, with one story each. The property is zoned MUN Mixed use Neighborhood (Commercial or Residential), allowing for diverse development options. Currently configured as a boutique hotel, the property presents significant redevelopment potential for experiential retail, restaurants, or a combination thereof. The asking price is $1,900,000 ($743.35/sq ft). The property includes two parking spaces. Adjacent properties at 1317 and 1319 5th Ave N may be available for acquisition, expanding the potential development footprint. The existing buildings offer a blend of historic charm and modern adaptability. Potential plans include 3,617 square feet of first-floor retail/restaurant space (with proposed additions), a 2,902 square foot historic home with a new addition, and a 715 square foot event space. The total floor area ratio (FAR) is approximately 4,197 square feet. This presents a rare chance to transform a historic landmark into a thriving modern hospitality or mixed-use venture in the vibrant Germantown neighborhood of Nashville, Tennessee.