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403 Gallatin Pike S

17,360 SF Retail Building Madison, TN 37115 $3,250,000 ($187/SF)

Investment Highlights

  • Two-Story Freestanding Building
  • High Ceilings
  • Prime Frontage
  • Full Kitchen
  • Ample Parking
  • Customizable Floor Plan

Executive Summary

Located along the bustling Gallatin Pike S, this iconic two-story freestanding building offers 17,360 sq. ft. of adaptable space on a 0.67-acre lot. Ideal for various commercial services, this memorable brick structure combines vintage charm with modern amenities.
Building Features & Highlights:
Two-story Freestanding Building: 17,360 sq. ft. of versatile space.
Historic Brick Building: Zoning: Commercial Service.
Modern Amenities: Full wet water sprinkler system, HVAC, and full electrical throughout.
New Additions: Full kitchen added in 2024.
Convenient Access: 5'x7' roll-up door, three points of access plus roll-up door, two fire exits, and an elevator shaft.
High Ceilings: 15 ft. ceilings upstairs and 10 ft. 8 in. ceilings downstairs.
Ample Parking: 49 parking spaces available.
Prime Frontage: 117’ of prominent frontage on Gallatin Pike S, with full easy ingress/egress.
Major Visibility: Iconic structure with marquee signage overhanging the popular Gallatin Pike S.
High Traffic Area: Traffic count of 21,474 daily through Gallatin Pike S, a four-lane highway with a turning lane.
Nearby Developments: Close proximity to the Madison Square redevelopment.
Customizable Floor Plan: Open floor plan ready for customization.
Strategic Location: 5 miles to Old Hickory Blvd (1,150 daily traffic count), 6 miles to I-65 (10,420 daily traffic count), and 10 miles to Briley Parkway (25,710 daily traffic count).
Heart of Madison: Positioned along a major thoroughfare, providing excellent exposure and accessibility.
Contact:
Tyler Brock (615) 804-6590 TylerBrock@TheCaubleGroup.com
Anthony Rubino (203) 253-5966 Anthony@TheCaubleGroup.com

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,360 SF
Building Class
C
Year Built
1938
Price
$3,250,000
Price Per SF
$187
Tenancy
Single
Building Height
2 Stories
Building FAR
0.59
Land Acres
0.67 AC
Zoning
CS
Parking
49 Spaces (2.82 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Bank of America
Rent-A-Center
Regions Bank
Truist
ALDI
U.S. Bank
Kroger
Whitt's Barbecue
Walmart Neighborhood Market
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
042-16-0-228
Land Assessment
$438,800
Improvements Assessment
$701,100
Total Assessment
$1,139,900
  • Listing ID: 32230905

  • Date on Market: 6/23/2024

  • Last Updated:

  • Address: 403 Gallatin Pike S, Madison, TN 37115

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