403 Gallatin Pike Nashville, TN 37115
This stunning, two-story, 17,360-square-foot storefront building, located at 403 Gallatin Pike S in Nashville, Tennessee, presents a unique investment opportunity. Originally built in 1938 and extensively renovated in 2024, this iconic brick structure boasts 117 feet of prime frontage on a busy four-lane highway with a turning lane, experiencing a daily traffic count of 21,474 vehicles. The property sits on a 0.67-acre lot and offers 49 parking spaces, ensuring ample convenience for customers and employees. Inside, the building features a versatile open floor plan with high ceilings (15 feet upstairs, 10 feet 8 inches downstairs), a full kitchen added during the recent renovation, and modern amenities including a full wet water sprinkler system, HVAC, and updated electrical throughout. Access is convenient with a 5'x7' roll-up door, three additional access points, two fire exits, and an elevator shaft. The property is zoned CS (Commercial Service) and benefits from its proximity to major thoroughfares like Old Hickory Boulevard (5 miles, 1,150 daily traffic count), I-65 (6 miles, 10,420 daily traffic count), and Briley Parkway (10 miles, 25,710 daily traffic count), as well as the Madison Square redevelopment. The building's prominent location and marquee signage ensure high visibility and excellent exposure, making it ideal for a variety of commercial uses. The asking price is $3,250,000, translating to $187.21 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.