Scottish Inn Nashville 526 Murfreesboro Pike 77 Room Hotel Nashville, TN 37210 $6,700,000 ($87,013/Room)

Franklin Street is pleased to present for sale this well-positioned 2.80 acre parcel located just 2 miles from downtown Nashville. The property lies within a designated Opportunity Zone, enhancing its appeal for long-term redevelopment capital. Existing improvements total 25,427 square feet, providing optionality for interim income, phased redevelopment, or adaptive reuse. The site’s scale, frontage, and corridor orientation support potential multifamily, mixed-use, retail, or office development, subject to zoning and entitlements.
The surrounding area is characterized by a diverse and established mix of retail, institutional, residential, and hospitality uses. Nearby national and service-oriented retailers—including McDonald’s— provide daily traffic and consumer draw, while Trevecca Nazarene University anchors the area with a stable academic and employment base, generating consistent demand for housing, retail, and services. The surrounding neighborhood features a wide range of multifamily housing options, from garden-style communities to newer urban infill developments, reinforcing the area’s residential density and renter demand.
Hospitality uses and a broad mix of local businesses, employers, and light industrial and service-based industries further contribute to steady daytime population and economic activity along the corridor. Continued private investment is evident, with a neighboring 2.3-acre parcel currently under development (former bank site), signaling ongoing revitalization and increasing land utilization along Murfreesboro Pike.