About 5011 Michigan Ave
Metro ordinance changes have recently eliminated setbacks and increased unit density limits in The Nations, significantly enhancing development flexibility and investment potential. This offering includes two combined, commercially zoned lots with 150’ of frontage on 51st Ave N, 110’ on Michigan Ave, plus alley access, all in one of Nashville’s most walkable and high-visibility corridors. Build right up to the sidewalks and 3 Stories tall with rooftop decks—ideal for mixed-use, live/work, or multi-family development. Surrounded by successful neighboring projects, including retail storefronts with residential units above along 51st Ave and Centennial Blvd. The sellers have closed their auto body repair business. Property is being sold AS-IS for land and buildings only. No leasing or owner financing offered. Showings by appointment only with the owner present for access. Also known as 910 51st Ave N. A rare opportunity in a rapidly transforming neighborhood now open to unprecedented by-right development.
Features of 5011 Michigan Ave
| MLS® # | 2635597 |
|---|---|
| Price | $4,000,000 |
| Bathrooms | 0.00 |
| Acres | 0.38 |
| Year Built | 1978 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 5011 Michigan Ave |
|---|---|
| City | Nashville |
| County | Davidson County, TN |
| State | TN |
| Zip Code | 37209 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | March 27th, 2024 |
|---|---|
| Days on Market | 489 |
| Zoning | Cs/Uzo |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Exit Realty Elite |
|---|