February 2026: Developments & Property Sales
Last year, there was discussion of a potential townhome or apartment community on the plot of land at the intersection of Fowler and Donelson. That property is once again on the market with its listing stating it includes 3 parcels totaling 2.34 acres and is zoned for 48 apartment units. We will keep you posted as this news develops.
A block of five properties on Old Hickory Boulevard between 26th and 28th Street are for sale, including the former Hillcrest Hotel at 2601 Old Hickory Boulevard. Its neighboring properties at 104 26th Street and 2609, 2615, and 2617 Old Hickory Boulevard are being pitched as a potential package deal, but can be individually sold if the buyer of 2601 declines the additional properties.
The Hillcrest listing states that the engineer plans for 27 apartments, while its zoning also allows for retail, restaurant, and office uses. The other four properties share the same MUL Mixed Use Limited zoning.
Meanwhile in Rayon City, the six unit apartment building at 207 Bridgeway Avenue is now for sale. Additionally, property zoned for light manufacturing is now for lease at 399 Old Hickory Boulevard, tucked in near the beach.
Properties reported on in previous months:
1202 Donelson Avenue – the home of Duckbill Bookshop, James’ Tea Room, Powder City Candy & Gifts – is still on the market after being listed in late December. The tenants are looking for a landlord just as invested in supporting our community. Please contact them with any questions.
2401 Old Hickory Boulevard unexpectedly collapsed in January. The owners of this property had permits to add a 1000sf retail addition to the back of the building, but did not have permits for the deconstruction that was taking place when the wind caused further damage.
The Rhodes Building is still for sale. Its two street-facing spaces, 521 and 525 Old Hickory Blvd, are also for lease.
The lot next to the strip mall containing Urban Air has a contingent sale “upon certain conditions being met.” It is currently zoned for 72 townhomes.
303 Bridgeway Avenue in Rayon City has sold, but there is no available information on the new owner yet. Its neighboring 305 Bridgeway Avenue is still for sale.
102 Scenic View is back on the market after being briefly taken down. It is being pitched as a property that could be converted into 10 homes.
1507 Robinson Road, the lot between the dentist and the new pet daycare, is still for sale. The listing advertises a mixed use development opportunity.
There is still a brick and mortar space for sale in the Hadley Village shops. Additionally, there is still a space for rent between the Subway and smoke shop at 1406 Robinson Road.
Two industrial properties are still up for lease 790 Burnett Road by the Old Hickory Lake Beach and 741 Hickory Industrial Drive.
Siding has been installed on the properties at the “Lakewood Crossing” development at 2905 Lawrence Court after a long period of inactivity.
The Phillips-Robinson Funeral Home on Hadley Avenue remains for sale.
The former mobile home community at 3209 Old Hickory Blvd by the Lakewood Dollar General is still listed for sale. This property is zoned MUL and can go up 4 stories, and the listing notes it could be used as an apartment community or requested approval for townhomes.
117 Bridgeway is now off-market without a sale indicated. It was previously pitched as a 7-townhouse multi-family project. It had a recent price reduction of $20 thousand.
207 22nd Street near the shops in Lakewood is now off-market without a sale indicated.
The former Robinson Flea Market site at 1409 Robinson Rd is now home to the Futbol Factory, a personalized soccer training hub. However, the location still has space available for lease.
3618 Old Hickory Blvd is still for sale. Zoned MUN – Mixed-Use Neighborhood, this parcel provides exceptional flexibility for residential, commercial, or mixed-use development. The zoning allows for a variety of options, from single-family homes and townhomes to professional offices, retail space, or a combination of uses that create a vibrant, community-oriented setting.