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Capstone is pleased to present the Belmont Redevelopment Sites at 1626 16th Ave South and 1708 Acklen Ave in Nashville, TN, offering a coveted and high-profile investment opportunity in one of the city’s most vibrant neighborhoods. Positioned directly adjacent to Belmont University and near Vanderbilt University, and Vanderbilt’s health system, these sites draw an affluent demographic. This prime location provides excellent walkability to popular areas such as Hillsboro Village, 12 South, Midtown, and Music Row, all known for their boutique shopping, diverse dining options, and lively nightlife. The mixed zoning (OR-20, RM40, OV-NHC, OV-INS, OV-UZO) allows for various development possibilities, from high-density residential complexes and townhomes to mixed-use developments with ground-floor commercial spaces. Blending modern and historic charm, these sites are strategically positioned just minutes from downtown Nashville, making them ideal for attracting a diverse demographic, including professionals, students, and tourists. With potential for short-term rentals and a growing trend of corporate relocations to Music Row, the Belmont Redevelopment Sites are poised to deliver strong returns in a thriving urban market.
The sites can be purchased separately.
Investment Highlights:
In-Place Zoning with Multiple Residential Development Opportunities
Potential for Increased Density and Alternative Uses with a Rezone
Short-Term Rental Opportunity
Prime Location in the Heart of Nashville