820 Commerce St, Clarksville, TN 37040-3344

This exceptional redevelopment opportunity encompasses a substantial 1,100,000 square foot mixed-use property situated on a 9.77-acre lot in Clarksville, Tennessee's thriving Central Business District (CBD). The property, zoned for mixed-use development, presents a unique chance to capitalize on Clarksville's explosive growth. The area boasts strong economic indicators, including a $5 billion capital investment over the past two decades, a 7,500-job increase since 2000, and significant population and household growth exceeding 15% and 11% respectively in just five years. Tourism is also a major driver, generating $371 million in visitor spending in 2022. The presence of over 11,000 university students further fuels demand. This prime location offers the potential to create a vibrant, walkable urban environment combining residential, retail, dining, and office spaces, directly addressing the current undersupply of housing and commercial space in Clarksville. The property's size and zoning provide ample flexibility for a diverse range of development plans, catering to the needs of a rapidly expanding community. The strategic location within the CBD ensures high visibility and accessibility, maximizing the potential for both residential and commercial success. This is a rare opportunity to shape the future of Clarksville's downtown core. The property includes multiple addresses along Commerce and Franklin Streets, all within the 37040 zip code.