1213Jefferson.com 1213 Jefferson St Local commercial 37 m² À vendre Nashville, TN 37208 1 049 760 € (28 390,77 €/m²)

Beau Beach, MBA CCIM presents:

First time available for purchase in 33 years!

Prime Urban Location with Historic and Cultural Significance

1213 Jefferson sits at the heart of North Nashville’s historic Jefferson Street corridor, long known for its cultural legacy, music scene, and as home to three major HBCUs.  This gives the site deep cultural cachet and strong community identity—valuable traits for developers focused on authentic, community-integrated projects.

Zoned for Flexibility & Ready for Development

The property has CS (Commercial Service) zoning, which offers flexibility for a range of uses—including mixed-use residential, multifamily, retail, or office. This zoning allows a developer or investor to respond to the neighborhood’s evolving needs while also taking advantage of market demand for housing and services near downtown.

Zoned CS with two overlays: MDHA-JS and OV-UZO.

MDHA-JS permitted uses include:

* Multi-family Dwellings
* Assisted Living and Retirement Facilities
* Hotels/Motels
* Churches
* University-related Facilities
* Schools
* Daycares
* Offices
* Medical Offices
* General Retail (no liquor sales or adult-oriented)
* Products
* Service Retail
* Restaurants (no drive-thru)
* Nightclubs (no adult entertainment)
* Theaters
* Cultural Facilities

Explosive Growth & Proximity to Major Neighborhoods

The property lies just six blocks from Germantown, one of Nashville’s most rapidly appreciating neighborhoods, and is within minutes of Downtown, Midtown, and the Gulch. As these areas grow and become more expensive, Jefferson Street offers the next frontier of accessible urban development.

High Visibility + Traffic Volume

With 20,000+ vehicles per day passing by, this location provides excellent exposure for commercial tenants or brands. This makes it ideal for ground-floor retail, restaurants, or small businesses that benefit from constant visibility.

Opportunity Zone Tax Benefits

1213 Jefferson sits inside a designated Opportunity Zone, enabling investors to potentially defer or eliminate capital gains taxes if the property is developed and held long-term—dramatically improving after-tax returns.

Development Momentum All Around

Several announced and recently completed projects are clustered nearby.

Underserved Market with Demand for New Services

The surrounding area has historically been underserved by modern amenities, and there is unmet demand for quality housing, grocery, coworking, and service-based retail. With three universities and a growing professional base nearby, the demographic fundamentals are solid and improving.

Jefferson Street Redevelopment District

Metro’s redevelopment district (encompassing mixed-use affordable housing, public plazas, small retail) has deployed TIF grants since 2016, with funds earmarked for parcels like 1712 and 1821 Jefferson St. In the past few years, Metro’s CHIP program and Catalyst Fund have accelerated affordable/mixed-income housing projects.

Nearby Colleges

Fisk University.  A private, historically Black liberal arts university founded in 1866, located directly along Jefferson Street, just a few blocks away.

Meharry Medical College.  Founded in the early 1870s, this private historically Black medical and health sciences college sits just west of Fisk, also on the Jefferson Street corridor—well under a mile from the property.

Tennessee State University.  A public, predominantly Black university founded in 1912. Its campus stretches just west of Meharry and north along Jefferson Street, all within walking distance.

These three institutions are historically connected, culturally rooted, and client-connected by their close proximity to 1213 Jefferson - making the site particularly attractive for educational, residential, or mixed-use development that can engage with the student and academic populations in the area.

Nearby Comparable Sales

Priced below recent comps to ensure a timely sale:

* 1039 Jefferson: 14,816 Land SF, $2,500,000, $169/SF
* 928-930 Jefferson: 7,636 Land SF, $1,500,000, $196/SF
* 924 Jefferson: 9,789 Land SF, $1,900,000, $194/SF
* 304 Jefferson: 6,899 Land SF, $2,300,000, $333/SF

Buyer to receive $5,000 Convenience Credit

Buyer will receive a $5,000 credit at closing if our brokerage manages the entire transaction.  We must prepare all the paperwork.

In summary, 1213 Jefferson offers a rare combination of zoning flexibility, cultural richness, location near key growth hubs, and tax-advantaged upside—making it an ideal play for developers, investors, or community-minded entrepreneurs looking to be part of Nashville’s next phase of transformation.

Rough dimensions of the parcel are 102' wide x 122' deep.  398 SF block building was constructed in 1960.  No floodplain.

Seller will select the buyer that is most likely to close the transaction.

Visit the PROPERTY WEBSITE for complete details and aerial video