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Four-Unit Strip Mall
New
For Sale
$600,000

179 W Smith St, Gallatin, TN 37066

Retail center with three occupied suites and one available unit, each offering a private bathroom.

Property Size3,360 SF
Price / SF$178.57
Days on Market6

Property Features for 179 W Smith St

General Information

Standard status Active
Size 3,360 SF
Property subtype Commercial
Occupancy 75%

Amenities

Asphalt Roof

Building Details

Year Built 1971
Tenancy Multi
Listing Agency: SIMPLIHOM
Listed By: DANNY SULLIVAN
Source: Corcoran
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 21 at 8:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SIMPLIHOM

Investment Insights

Based on property information with market context.

This 3,360-square-foot strip mall contains four separate commercial units, with a private bathroom serving each suite. Three units are leased to a bail bond company, barbershop, and beauty salon, while the remaining space is vacant for occupancy or leasing. The configuration combines established tenancy with a dedicated suite available for a new occupant.

Built in 1971, the property is located at 179 W Smith St in Gallatin, Tennessee, one block from Main Street and downtown Gallatin. Its central setting provides proximity to the community’s primary street and downtown area.

Key Highlights

  • Four commercial units totaling 3,360 square feet
  • Each unit includes its own bathroom
  • Three of four units are currently leased

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Electrical Service Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,296
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 32% Groceries 5% Electronics 2%
McDonald's Dining
28,501 visits/mo 0.5 miles
Wendy's Dining
11,549 visits/mo 0.3 miles
Krystal Dining
9,215 visits/mo 0.3 miles
Dollar General Shops & Services
8,206 visits/mo 0.3 miles
Arby's Dining
6,588 visits/mo 0.4 miles

Demographics for 37066, TN

59,370
Population
25,939
Households
2.3
Avg Household Size
40
Median Age
34%
College-Educated
91%
High-School Grad
116.3 sq mi
ZIP Area
510
Density / Sq Mi
$78,049
Median Household Income
$43,311
Median Earnings
$1,305
Median Rent
$376,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center with three occupied suites and one available unit, each offering a private bathroom.
Where is this strip mall located?
The property is located at 179 W Smith St Gallatin, TN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four commercial units totaling 3,360 square feet; Each unit includes its own bathroom; Three of four units are currently leased
More about this property
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