523 Gallatin Pike Nashville, TN 37115

Exceptional redevelopment opportunity in Nashville, TN. This fee-simple 1.5-acre shopping center at 523 Gallatin Pike South, zip code 37115, boasts 14,490 square feet across three single-story buildings. Currently 100% occupied by twelve tenants with a mix of lease terms (mostly 1-3 years), offering immediate cash flow. The property features 290 feet of frontage on Gallatin Pike, a high-traffic thoroughfare in the heart of Madison. Built in 1942, the buildings have undergone various renovations and are well-maintained. The CS-overlay zoning allows for flexibility, presenting significant value-add or redevelopment potential. The asking price is $3,350,000 ($231.19/sq ft). This corner lot presents a rare chance to capitalize on a prime location and strong tenant occupancy. The property includes three commercial buildings and two residential buildings on Harrington, totaling four tax parcels. The residential buildings are zoned OR20. This is a net lease property with no credit rating available for the tenants.