Kress Lofts

Last updated: May 16, 2026

Kress Lofts at 237 Fifth Avenue North is a 1935 art deco loft conversion in Downtown Core, Downtown Nashville, originally the S.H. Kress and Co. five-and-dime department store, holding 35 residential units across 5 stories, with a unit mix spanning 1-2 bedroom lofts. Over the trailing 18 months, 2 closed sales record at the building, with a 2-BR median of $475,000 and a median days-on-market of 31 days. Active May 2026 inventory includes 4 listings.

For context, Kress Lofts occupies the original S.H. Kress and Co. five-and-dime art deco building at the corner of Fifth Avenue North and Church Street, converted to residential in 2003 by MarketStreet Enterprises. For broader context, see how Kress Lofts compares to neighboring downtown buildings including Art Avenue Lofts, Bennie Dillon.

Current Kress Lofts Condos for Sale

Active MLS listings at Kress Lofts, sorted by price descending. Listings refresh from the current Greater Nashville REALTORS feed.

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(all data current as of 6/17/2026)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

(all data current as of 5/16/2026)

Listing information deemed reliable but not guaranteed.

What Is Kress Lofts?

Currently, Kress Lofts is a 1935 art deco loft conversion at 237 Fifth Avenue North. The building holds 35 residential units across 5 stories, with a unit mix spanning 1-2 bedroom lofts.

Originally built in 1935 as the S.H. Kress and Co. five-and-dime department store, the building converted to residential lofts in 2003 under MarketStreet Enterprises. The Nashville Arcade and the original Kress storefront remain visible on the Fifth Avenue North facade.

For context, the Fifth Avenue North corridor anchors a working mix of state government, the central business district, and the downtown arts district. Within a five-minute walk, residents reach the Tennessee State Capitol, Public Square Park, and the Church Street central business district.

At a Glance
Address: 237 Fifth Avenue North, Nashville, TN 37219

Year completed: 1935 (residential conversion 2003)

Stories: 5

Total units: 35

Unit mix: 1-2 bedroom lofts

Parent neighborhood: Downtown Core / Rep. John Lewis Way N corridor

Closed sales (trailing 18 months): 2

Closed price range: $350,000 to $475,000

Median closed price: $412,500

Median DOM: 31 days

Active May 2026 inventory: 4 listings

Active list price range: $564,900 to $1,149,999

Kress Lofts Condo Prices in 2026

For context, Kress Lofts trades in the downtown Nashville condo band reflective of its 1935 vintage, 5-story footprint, and 35-unit count. The trailing 18 months record 2 closed sales spanning $350,000 to $475,000, with a median closed price of $412,500 and a median 31-day DOM.

Notably, active May 2026 inventory ranges meaningfully above the trailing closings, signaling current listings are testing the upper end of the building’s pricing curve. Median DOM at 31 days places Kress Lofts mid-pace relative to the downtown Nashville condo range.

• 1-bedroom closings: 1 closed sale, median $350,000.
• 2-bedroom closings: 1 closed sale, median $475,000.
• Active May 2026: 4 listings priced $564,900 to $1,149,999.

For broader Downtown Nashville pricing context, see the Downtown Nashville condos guide.

Kress Lofts Amenities

For prospective buyers, Kress Lofts delivers a focused amenity package consistent with mid-2000s historic loft conversion. Specifically, the building’s value is split between architectural character and corridor walkability.

• Original art deco facade and storefront
• Exposed brick walls
• Ten- to eighteen-foot ceilings
• Hardwood floors
• Large industrial windows
• Secured parking (assigned per unit; verify count)
• Ground-floor retail at neighboring storefronts
• Secured entry with controlled-access lobby
• Elevator access throughout the residential floors
• Pet-friendly per HOA bylaws (verify weight and breed restrictions)

Overall, the building’s strongest amenity is location plus historic envelope. In short, residents step directly into the Fifth Avenue walking grid with the Nashville Arcade, Printers Alley, and the central business district all within a 10-minute walk.

Living at Kress Lofts

For context, Kress Lofts sits at 237 Fifth Avenue North within the Downtown Core. Notably, the building places residents four blocks north of the Tennessee State Capitol, two blocks east of Public Square Park, and directly accessible at street level of the central business district.

Additionally, the building sits within walking distance of the Schermerhorn Symphony Center, the Country Music Hall of Fame, and the Cumberland River walking corridor. Today, the corridor anchors a working mix of state government, downtown corporate offices, and the Lower Broadway hospitality sector.

For commute context, the building sits directly within downtown Nashville. Nashville International Airport sits roughly 12 minutes east via Korean Veterans Boulevard, and Vanderbilt University sits 8 minutes west via West End Avenue.

Kress Lofts Floor Plans

Specifically, Kress Lofts carries a unit mix spanning 1-2 bedroom lofts. The MLS-documented closings in the trailing 18 months cover both floor plates.

• 1-bedroom plates: 1 closed sale at median $350,000. Verify exact square footage and floor plate orientation per the active MLS listing.
• 2-bedroom plates: 1 closed sale at median $475,000. Verify exact square footage and floor plate orientation per the active MLS listing.

In particular, upper-floor units carry the strongest views over the Fifth Avenue corridor. By contrast, lower-floor plates trade at the lowest per-sf pricing.

Kress Lofts Investment Outlook

Overall, Kress Lofts draws three buyer profiles. First, downtown professionals target the loft plates for walkability to the central business district, the Nashville Arcade, and Printers Alley. The historic art deco envelope delivers a distinct loft product unavailable in newer downtown construction.

Second, downsizing buyers target the larger plates as lock-and-leave primary residences with downtown walkability. The $475,000 median 2-BR closing documents the building’s price band, and the active listings to $1.15M test the upper bound.

Third, short-term rental allowance at Kress Lofts depends on HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Notably, the 31-day median DOM at Kress Lofts signals mid-pace resale velocity for the building relative to the downtown Nashville condo range. By comparison, neighboring high-rise buildings such as Viridian (median 57 days) and Encore (median 43 days) bracket the downtown norm.

For buyers looking at Kress Lofts, three factors apply. First, confirm HOA STR policy in writing if rental income is part of the buy plan. Second, verify FHA project approval status through the HUD FHA condo project approval lookup before pursuing FHA financing. Third, evaluate the specific unit floor plate carefully.

Kress Lofts FAQs

Buyers evaluating Kress Lofts consistently ask a tight set of money and operational questions before booking a tour or writing a contract. The answers below reflect current MLS data and trusted source knowledge as of May 2026.

How many condos are at Kress Lofts?

Currently, Kress Lofts holds 35 residential condo units across 5 stories. Over the past 18 months, 2 units closed at the building.

When was Kress Lofts built?

Specifically, the original S.H. Kress and Co. building dates to 1935. The residential conversion completed in 2003 under MarketStreet Enterprises.

What is the price range at Kress Lofts?

Over the past 18 months, closed sales at Kress Lofts recorded between $350,000 and $475,000, with a median of $412,500. Active May 2026 inventory ranges from $564,900 to $1,149,999.

Are short-term rentals allowed at Kress Lofts?

Short-term rental allowance depends on the HOA bylaws plus Metro Nashville STR permit rules. Therefore, verify in writing with the HOA before any buyer purchase intended for STR use. Notably, Davidson County does not allow non-owner-occupied STR permits in residential zoning districts.

Is Kress Lofts FHA approved?

Therefore, check current FHA project approval at the HUD FHA condo lookup before pursuing FHA financing. FHA approval expires every three years.

What is the closest park to Kress Lofts?

Currently, the closest public park is Public Square Park, two blocks east at the corner of Third Avenue North and Union Street.

How does Kress Lofts compare to Art Avenue Lofts?

By comparison, both buildings sit on the same Rep. John Lewis Way N corridor and share historic loft envelopes. Kress Lofts carries a slightly larger 35-unit footprint and recorded closed sales in the trailing 18 months, while Art Avenue Lofts is currently historically dormant. See the Art Avenue Lofts building profile for current MLS pricing context.

Further Reading and Local Authority Sources

• Metro Nashville Parks
• Bridgestone Arena
• Davidson County Property Assessor
• Downtown Nashville condos guide
• Art Avenue Lofts
• Bennie Dillon
• Nashville condos for sale

Work With a Kress Lofts Specialist

I am Grant Hammond, a Nashville real estate broker at Compass RE with 25 years of experience and over $1 billion in career sales. My team has closed 550-plus short-term rental transactions and 350-plus high-rise condominium transactions across Middle Tennessee, including the Rep. John Lewis Way N corridor and the surrounding downtown core.

If you are buying or selling at Kress Lofts, reach out for current MLS analysis, floor-by-floor pricing benchmarks, HOA financial review, and unit-level comp work. Call or text me directly at (615) 945-7123, or use the form below to get started. Tennessee Broker License #261980. Broker fees are not set by law and are fully negotiable.