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179-183 W Smith St
Gallatin, TN 37066
Office Property For Sale
Investment Highlights
- In the heart of Gallatin
- Ample Parking
Executive Summary
Great opportunity to own a well-located four-unit commercial strip center just one block off Main Street in the heart of Gallatin, Tennessee. The property offers four individual units, each with its own bathroom, providing flexibility for a variety of businesses and professional uses. Three of the four units are currently leased, providing immediate rental income, while the fourth unit is vacant and available for an owner-user or additional tenant. Current tenants include a bail bond company, barbershop, and beauty salon. Current rental rates are available upon request. With its convenient location, established tenants, multiple income-producing spaces, and additional leasing potential, this property offers an excellent opportunity for an investor looking to add a commercial asset to their portfolio or an owner-user seeking additional rental income. Its proximity to Main Street provides easy access and visibility while being positioned just one block from the heart of downtown Gallatin.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
3,360 SF
Building Class
C
Year Built
1971
Price
$833,940 CAD
Price Per SF
$248.20 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,360 SF
Building FAR
0.34
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
Comm - Commercial
Parking
16 Spaces (4.76 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 126C-N-005.00 | Improvements Assessment | $141,381 CAD |
| Land Assessment | $83,172 CAD | Total Assessment | $224,552 CAD |
Property Taxes
Parcel Number
126C-N-005.00
Land Assessment
$83,172 CAD
Improvements Assessment
$141,381 CAD
Total Assessment
$224,552 CAD
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