Property profile

392 Thru 396 Gallatin, TN 37066

OFF-MARKET
Mixed-use properties
28,400 SF 3.13 ac lot Built 1925
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 392 W Main St, Gallatin, TN, presents a unique investment opportunity. The 3.13-acre lot (136,342 square feet) encompasses a substantial 28,400-square-foot building, perfectly suited for a thriving event center or restaurant. The property includes parcels 126G-A-019.00, 020.00, 022.00, and 023.00. Remodeled in 2015, the building boasts ample open space, a fully equipped kitchen, a dedicated restaurant area, and several private offices. Outdoor amenities include a charming courtyard, attractive walkways, and serene fountains. Extensive on-site parking is complemented by additional overflow parking, ensuring ample space for guests and patrons. The property enjoys a highly desirable location with 60 feet of frontage on West Main Street (Gallatin Road), a busy thoroughfare boasting a daily traffic count of 26,600 vehicles. This high visibility ensures excellent exposure and accessibility for any business. The combination of size, amenities, and prime location makes this property an exceptional investment prospect with significant potential for growth and profitability. The property is offered at $4,500,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1925
Total area 28,400 SF
Lot 3.13 ac (136,343 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

392 Thru 396 Gallatin, TN 37066
Gallatin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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