101 Main StGallatin, TN 37066

  • Retail properties
  • 13,800 SF
For Lease
$18.79/SF/YR View listing

Property Details for 101 Main St

Year built
1900
Lot size
0.19 AC
Property size (Sq ft)
13,800 SF
Property type
Retail properties
Property subtype
Retail space
APN
083126C K 00100
APU
083126CK00100

Description

This exceptional 1,995 square foot office space is ideally situated on the vibrant Gallatin, TN Square, at 101 E Main St, 37066. Located on the signalized corner of E Main and North Water Avenue, this property boasts unparalleled visibility and accessibility. Part of a larger, two-story, 12,200 square foot building, this suite is one of three within the building, offering a desirable location near the new Sumner County Courthouse. Recently renovated in 2022, the space features attractive hardwood floors, high exposed ceilings adding to its character, and includes two restrooms and a convenient storage closet. Large display windows provide excellent natural light and showcase the space to passersby. The building is zoned CC and offers a traditional office layout, also suitable for executive or creative office uses. This multi-tenant building presents a fantastic opportunity for businesses seeking a prominent presence in the heart of Gallatin. The property's prime location and recent renovations make it an attractive option for a variety of businesses. Don't miss this chance to secure a space in this thriving downtown area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,504,448
    6.5%
    $3,234,876
    7%
    $3,003,813
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,993,518
    Geo Method
    $2,993,518
  • Alternative Use

    Use
    Valuation
    Residential
    $2,728,738
    Hospitality
    $2,499,510
    Educational
    $2,079,563
    Medical
    $2,151,082
    Retail
    $3,234,876
101 Main St, Gallatin, Tennessee

Location Insight

City
Gallatin
County
Sumner
State
Tennessee
Latitude
36.3881
Longitude
-86.4461
CBSA code
34980
CBSA name
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,142
$5,600
$162,880
$168,480
-
$14,000
$407,200
$421,200

FAQs

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