908 Meridian St Nashville, TN 37207

Property Details for 908 Meridian St

Year built

1844

Property size

4,000 SF

Property type

Hotels

Description

This exceptional 4,000 square foot, two-story building presents a unique redevelopment opportunity in Nashville, Tennessee. Situated on a 1.7-acre lot at 908 Meridian Street, in Davidson County, zip code 37207, this vacant property offers significant potential for a variety of commercial uses. Built in 1844, the McGavock House boasts a rich history and is located in a walkable, historic neighborhood. The permitted zoning is SP (UZO, HPL), allowing for flexible development plans. The property's prime location provides convenient access to both downtown Nashville and Interstate 24, ensuring high visibility and accessibility. Potential uses include a restaurant, bed and breakfast, office space, or a mixed-use development. The redevelopment goals include preserving the historic structure, the open space, and the historic wall along Meridian Street, while also providing adequate parking and loading facilities. This is a rare chance to acquire a piece of Nashville's history and transform it into a thriving commercial enterprise. The property includes one building with 908 keys. Currently, the Net Operating Income (NOI) and Pro-Forma NOI are $0. This is a vacant property, offering a blank canvas for your vision. The property's location near Nashville's burgeoning East Bank developments further enhances its investment appeal.