2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet

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2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
For Sale/Lease
±2,700 SF
Urban Retail | Gallery Space

229 - 233 5th Avenue of the Arts
Nashville, Tennessee 37219

Vickie Saito
Senior Vice President
+1 615 850 2711
vickie.saito@colliers.com
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Rare offering on historic
“Rep. John Lewis Way North” -
Downtown Nashville
Contemporary and sophisticated, this unique commercial
condominium fronting on Rep. John Lewis Way offers the
best in blending historic, industrial, and modern architecture.
Enhanced by 60 feet of street front windows, the wide-open
space is equally suited for corporate/private venue events or
intimate gallery exhibits. Inclusion of kitchen and mezzanine
offer maximum flexibility for creative design and work space.
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Colliers International is pleased to offer for sale this creatively designed and fully
             renovated commercial condominium in the center of Music City’s mixed-use Arts                 The
             District. Within easy reach of Nashville’s growing downtown demographic, this
             superbly located site is a rare opportunity to invest in the heart of one of the most         Opportunity
             dynamic cities in the world!

ADDRESS                   229 - 233 Fifth Avenue North, Nashville, TN 37219           CURRENT USE       Contemporary art gallery
                          (Rep. John Lewis Way) 1st floor commercial condominium
                          in the renovated building known as the Art Avenue Lofts     ZONING            DTC/CBD - Core Historic Subdistrict

SUBMARKET                 Downtown CBD - Fifth Avenue of the Arts                     POTENTIAL USES    Event Space | Creative Office | Gallery |
                                                                                                        Retail
YEAR BUILT/RENOVATED      1890s / 2005 - 2006
                                                                                      RE TAXES (2020)   $17,753.07
FLOORPLATE                ±2,700 SF of street level commercial space with loft
                          mezzanine; two Fifth Avenue entrances with 60 feet of       PARCEL #S         093.06.1B.606.00 AND 607.00.C0
                          glass exposure; partially exposed brick, concrete and
                          wood floors, kitchen area, two restrooms, two separate
                          HVAC units
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Floor Plan

 1ST FLOOR: ±2,700 SF
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Welcome to Fifth
                                                                              Avenue of the Arts
                                                                              Since the mid-19th century, this well-tread city block - now
                                                                              listed on the National Register of Historic Places, has been
                                                                              home to a variety of businesses. In 1903, the opening of
                                                                              the Arcade added to the retail mix and the street became
                                                                              a shopping destination. In the 1960s, the lunch counters in
                                                                              the five & dime stores drew national attention from the well
                                                                              organized “sit-ins” marking a pivotal moment in our nation’s
                                                                              civil rights movement. In the 1990s, inspired entrepreneurs
                                                                              began to open art galleries and studios and restore historic
                                                                              buildings - all making Fifth Avenue, The Avenue of the Arts,
                                                                              a vibrant and dynamic place to live, work and visit.

LOCATION

Exceptional location in the heart of Nashville’s vibrant downtown Arts
District!

Immediately across from the historic Nashville Arcade and situated in the
center of a multitude of contemporary art galleries, various restaurants
(including Puckett’s, Frothy Monkey, Deacon’s New South), luxury mixed
use residential developments and the exciting boutique hotel district!

Within one block of TN Performing Arts Center, Nashville City Center, Fifth
Third Center, 505 luxury residential high-rise and the Fifth + Broadway
mixed use development.

Easy walking access to the campus of Amazon’s Operations Center
of Excellence and the much anticipated Nashville Yards and AEG
entertainment district!
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Property Location

                                                                                                           2 9 - 23 FIFTH AVENUE NORTH

                                                                                                                                                               NISSAN STADIUM
 1ST TEN SSEE PARK

                      STATE CAPITAL

                                                                   2 9 - 23 FIFTH AVENUE NORTH

                                                                                                                                         5TH & BROADWAY

                                                                                                                                                                  AY
                                                                                                                                                            DW
                                                        ST   US FEDERAL COURTHOUSE                                                                                              BRIDGESTONE ARENA
                                                                                                                                                          OA
                            NASHVILLE YARDS

                                                   CH
                                                                                                                                                          BR
                                                  R
                                              CHU
      DOWNTOWN YMCA                                                            8TH
                                                                                                 AVE
                                                                                                    NU
                                                                                                       E
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Area Overview: CBD Downtown Overview

                  The B obby                                                    Dre am Nashv i l l e

                                                                          505

               2 1 C Mus e u m    5 0 5 G ar age                                                                                 The Fairl ane

    HOTELS                       4,700                $7.5 BILLION                       75,000                  6,900
   5,030 ROOMS             residential units           economic impact             daytime employees   additional daytime employees
 under construction       under construction       in direct visitor spending        DOWNTOWN             DOWNTOWN BY 2022
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
Area Overview: CBD Downtown Overview

         1 2 0 0 Bro a dw ay                                                                           Four S e as ons Hotel

                                                       Grand Hyatt

   As cend Amphit he ate r     5 t h & Bro adway                                                           Nashv i l le Yards

        EVENTS                    14,000                 6,195               16.1 M                 20,000
          +750                 DOWNTOWN            hotel rooms planned   Nashville visitors    additional residents
       every month               residents            DOWNTOWN              IN 2019           DOWNTOWN BY 2023
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
SALE/LEASE OPPORTUNITY
LEASE RATE:   $40.00/SF NNN

SALE PRICE:   Please contact exclusive listing agent for details on
              Lease Rate and Pricing Guidance.
2,700 SF For Sale/Lease 229 - 233 5th Avenue of the Arts Nashville, Tennessee 37219 - LoopNet
229 - 233 REP. JOHN LEWIS WAY NORTH
                                             NASHVILLE | TENNESSEE                                                                                                                               615 3rd Ave S, Suite 500
                                                                                                                                                                                                     Nashville, TN 37210
                                                                                                                                                                                                      P: +1 615 850 2700
                                                                                                                                                                                                             colliers.com

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties
                                                                                                                                                                                                          Vickie Saito
of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their             Senior Vice President
own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document                  +1 615 850 2711
and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2021. All rights reserved.
                                                                                                                                                                                                 vickie.saito@colliers.com
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