392 Main St Gallatin, TN 37066

This exceptional 3-building, 136,342 square foot property located at 392 W Main St, Gallatin, TN 37066, presents a significant redevelopment opportunity. Currently operating as a 100% occupied event center with 28,000 net rentable square feet, the property boasts a strong existing NOI of $100,000 and a pro-forma NOI of $500,000, reflecting a potential pro-forma cap rate of 11.11%. Situated on a 3.13-acre lot in the heart of Sumner County, this mixed-use (Office, Retail, Restaurant), commercially zoned property offers high visibility and significant upside potential. The property features 100 parking spaces and was renovated 14 years ago. The asking price is $4,500,000, representing a price per square foot of $33.01. This prime location offers readily available utilities and presents a unique chance to capitalize on the thriving Gallatin market. The current building structure and existing event center business provide a solid foundation for a variety of redevelopment scenarios. This is a rare opportunity to acquire a substantial property with significant potential for value creation in a desirable location.