Sold: Land at Intersection of Main Street, Red River Road and Gallatin Pike

317 W Main Street - Gallatin, TN

Update:  This property SOLD

Beau Beach, MBA CCIM presents:

Unbelievable corner for an unbelievable price.

This property, along with most properties along W Main Street/Gallatin Pike, are located in a floodplain due to nearby Town Creek.  Therefore, additional site work will likely be required before constructing a new building.  The most likely outcome is the buyer will build the site up and out of the floodplain by adding additional fill – similar to what was done at nearby 333 W. Main Street (multi-tenant strip center).  This additional step is why we’ve priced this land so attractively.  Contact at the municipality for floodplain questions is Lance Wagner at 615-451-5965.

Small Setbacks:  10′ in front and sides.  ’20 in rear.

Building may occupy up to 50% of the total site.  Parking requirements are based on use.  For example, retail requires 1 space per 300 SF of building space.

Site has all utilities.  1,024 SF building was damaged by a vehicle and then demolished.  Ready for a new building.

Signalized intersection.  One curb cut.  Located in Opportunity Zone.  Traffic count exceeds 24,000 vehicles per day.

Nearby businesses include McDonald’s, Wendy’s and Krystal.

Attractive Zoning

This property is zoned CG or Commercial General.  Permitted uses include:

    • Convenience Sales and Service
    • Automotive Parking
    • Food Service
    • Financial, Consulting, and Administrative
    • Business and Communication Service
    • Automotive Servicing and Cleaning
    • General Retail Sales and Service
    • Consumer Laundry and Repair
    • Retail Business Supply
    • Automotive Repair and Cleaning
    • Animal Care
    • Automotive/Truck, Craft, and Related Equipment Sales, Retail and Delivery
    • Transport and Warehousing
    • Wholesale Sales
    • Limited Warehousing
    • General Personal Services
    • Medical Offices/Services

Strong Market for Investment

Metro Nashville ranks #1 in the US as the most desirable market for real estate investors as rated by nonprofit real estate research and policy organization Urban Land Institute.

Nashville is the first market to earn the top spot for 3 straight years!

Priced to ensure a timely sale at just $20/SF.  Don’t miss this opportunity. Our office must prepare all the paperwork.

Want to talk?  Click here to schedule a call.

 

LOCATION DESCRIPTION:

Just 23 miles North of Nashville, Downtown Gallatin is a prelude to Southern Charm.  Listed on the National Register, Gallatin’s historic district features service-oriented businesses, antique shops, gift stores, art galleries, boutiques, great entertainment and dining venues plus so much more.

An energetic small city set in the idyllic countryside offers the rich variety of recreational, educational, and economic activities you’d expect to find in a bigger city. High-paying jobs, low taxes, economic health, a thriving arts scene and a vibrant retail environment make Gallatin a hub for family life.

Gallatin is going up across the board…population, economy, and investment.  Gallatin is located just northeast of downtown Nashville, a city filling with young professionals and big-name businesses like Amazon, AllianceBernstein, Ernst & Young, Lyft and Warby Parker.  According to Forbes Magazine, Nashville is the 7th fastest growing metro area in the U.S.

Why do businesses choose Gallatin?

  • More than $100-million in new roads to improve access and ease
  • The city owns the utilities (electric, water, gas and sanitary sewer)
  • Cut through that red tape
  • There’s no income tax
  • The city hasn’t raised property taxes in 12 years
  • One of the lowest electric rates in the region
  • Regional airport has one of the longest general aviation runways in the state
  • Business Facilities ranks Tennessee #1 in the Southeast for Best Infrastructure
  • Gallatin owns its industrial center with nearly 70 acres ready to build, plus it has access to 1,000 more
  • Two highly-ranked colleges – Volunteer State Community College and Welch College
  • More than 600 acres of parks & recreation

Located in the center of Sumner County, Gallatin lives up to its motto, “True Grit. Amazing Grace.” The city is nestled next to Old Hickory Lake, a popular destination for fishing and watersports, and offers a variety natural landscapes for visitors to explore. Gallatin is steeped in history, given that the city was founded in 1802 and touts famous faces who have walked Gallatin’s streets such as President Andrew Jackson, Sam Houston, and Governor William Trousdale.  Today Gallatin is thriving with unique shopping boutiques, delicious dining options, family-friendly festivals, and a memorable historic downtown square.

Gallatin is a city in and the county seat of Sumner County.  The population was 30,278 at the 2010 census and 42,918 in 2019.

Several national companies have facilities or headquarters in Gallatin, including Gap, Inc., RR Donnelley, Beretta and Servpro Industries, Inc.  In 2017, Gallatin was named “The Nicest Place In America” by Reader’s Digest.

 

  • Price: $449,000 
  • Area: .525 acres (22,869 SF) 
  • Phone Number: 615-200-9330 
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