222 Gallatin Pike Nashville, TN 37115
- Specialty properties
- 5,600 SF
Current Use by Public Records
- Specialty properties
Property Details for 222 Gallatin Pike
- Year built
- 1950
- Property size
- 5,600 SF
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
Exceptional investment opportunity: a vacant, 5,600-square-foot car wash located at 222 Gallatin Pike South, Nashville, TN 37115, in Davidson County. This special purpose property sits on a 0.84-acre lot and features a 150-foot tunnel. The asking price is $1,500,000, translating to $267.86 per square foot. The property, built in 1950, is zoned OV-CDO and is currently vacant due to the owner's personal reasons. However, it could be operational immediately with existing equipment and minimal maintenance. The car wash has operated at this location since the 1960s. This is an "as-is" sale, but the owner is open to exploring lease options or owner financing with suitable financial documentation and guarantees. The property's occupancy date is August 6, 2024. This presents a unique chance to acquire a well-established business in a prime Nashville location. The sale includes the building and land.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Longitude
- -86.7129
- Latitude
- 36.2605
