The Mill, a repurposed commercial complex in Nashville's Wedgewood-Houston neighborhood, just changed hands in a multimillion-dollar deal that keeps the area’s redevelopment drumbeat going. Public records show the property sold for $13.22 million to an LLC tied to local investors, reinforcing the trend of old industrial buildings along Martin Street and Merritt Avenue being remade for retail, dining and studio uses.
Deal details and financing
According to public filings, an LLC affiliated with Carmichael Capital LLC is listed as the buyer, while an LLC tied to SomeraRoad is recorded as the seller in the transaction that closed this week. The purchase was backed by a loan of about $9.3 million recorded at closing. Those details appear in public records reviewed by the Nashville Post.
What The Mill houses
Marketing materials present The Mill as a fully leased retail hub, home to tenants including Hermitage Kitchen Gallery, Indochino, Gordo's Taqueria and BC Block Fitness. Broker language pitches the property as a compact collection of repurposed mill buildings that serve both daytime workers and evening diners. The site covers roughly 1.17 acres, based on the property listing and parcel data on LoopNet.
Seller and neighborhood context
The seller’s connection to SomeraRoad highlights how established developers remain active in WeHo. SomeraRoad, which lists offices in both New York and Nashville, has led large projects in the city, including the Paseo South Gulch master plan, and has been one of the area’s most visible builders. The Mill’s sale comes as AJ Capital's Wedgewood Village and other projects continue to bring national and local retail to Martin and Chestnut streets, reshaping the neighborhood’s retail mix. For more on that broader push, see SomeraRoad and reporting on bookworms, buffed nails and Greek froyo in Wedgewood Village.
Leasing and what's next
Nearby retail and restaurant space is still being marketed by national brokerages. Cushman & Wakefield lists Kipper Worthington as the leasing contact for 1235 Martin Street, the former Diskin Cider tasting room. That storefront, along with other corners on Martin Street, will be closely watched as the new owners of The Mill weigh whether to keep the existing tenant roster or reposition space. Local community meetings and planning filings are likely to offer the clearest early hints at any near-term shifts.
The Mill sale is one more data point in a steady run of redevelopment and investment across Wedgewood-Houston that has rallied both neighborhood boosters and preservation-minded residents into ongoing debates over scale and character. A Martin & Merritt community meeting is scheduled this week and is expected to give neighbors more detail on nearby projects and potential changes to the streetscape and land uses, according to the local community notice.
