5011 Michigan Ave, Nashville, Tennessee 37209

TN, Nashville
$4,000,000 $4,500,000
  • Canceled Status
  • 170 Days Off Market Sorry Charlie 🙁
  • Commercial Sale Property Type
  • 9314 Total Sqft $429/sqft
  • 0.38 Acres Lot/Land Size
  • 1978 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

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.

Property Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • MLS #: 2635597
  • Price: $4,000,000
  • Year Built: 1978
  • Lot Area: 0.38 Acre
  • Office Name: Exit Realty Elite
  • Agent Name: Kel Williams
  • Property Sub Type: Mixed Use
  • Listing Status: Canceled
Location Info
  • Street Number: 5011
  • Street: Michigan Ave
  • City Nashville
  • State TN
  • Zipcode 37209
  • County Davidson County, TN
  • Longitude: W87° 9' 5.6''
  • Latitude: N36° 9' 30.3''
  • Zoning: Cs/Uzo
  • Directions: I-40 WEST to 46th Ave Exit to RIGHTon 51st Ave to RIGHT on Michigan Avenue.
Additional Info
  • Building Size: 9,314 Sqft
  • On Market Date: March 27th, 2024
  • Previous Price: $4,500,000
Listing Data
  • Mls Status: Canceled
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Nov 5th, 2025 @ 12:44am
  • Status Change Timestamp: Nov 5th, 2025 @ 12:43am
mls grid

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