3627Gallatin.com 3627 Gallatin Pike

Investment Highlights

Two-Story Food and Beverage Opportunity on Booming Gallatin Pike MULA zoning is arguably the most coveted zoning in all of Metro Nashville. Priced to ensure a timely sale. Strategically located next to the new M.L. Rose! Approx. 50 additional parking spaces along with outdoor patio space. Our office must prepare all the paperwork for this transaction.

Executive Summary

* For complete property information, you must visit the PROPERTY WEBSITE (link below) * Beau Beach, MBA CCIM presents: Unique redevelopment opportunity on booming Gallatin Pike in East Nashville! This two parcel assemblage totals 15,736 SF on .82 acres. Strategically located next to the new M.L. Rose! We expect M.L. Rose to accelerate activity in the area in the same way their Charlotte Avenue location did a few years ago. 3627 Gallatin Pike (Main Building) The main parcel is known as 3627 Gallatin Pike. Built in 1955 and expanded later, this two-story building is the long-time home of American Tuxedo and Bridal. Block wall construction with a concrete floor and rafter system. Built like a fortress! The first floor is 60' wide x 142' long totaling 8,520 SF. 10' ceilings. Two restrooms. The second level currently measures 4,860 SF. Beautiful 11' exposed ceilings! The rear parking lot walks into this level. Perfectly set up for a second story, 4,000 SF patio overlooking Gallatin Pike. Total square footage is 13,380 SF on .21 acres (9,110 SF). Parcel ID: 07203000500 Zoned MULA with two overlays: OV-UDO and OV-UZO. MULA zoning is arguably the most coveted zoning in all of Metro Nashville. MULA allows restaurants, retail, bars, apartments, hotels, short term rentals and more. No parking requirements with the Urban Zoning Overlay. 3621B Gallatin Pike (Rear Building + Parking) This historic home offers charm and ample parking without any historic protections. Access easement on neighboring property. This parcel is zoned CL (Commercial Limited) with a OV-UZO overlay. This parcel measures .61 acres (27,985 SF). The two-story home includes a Short Term Rental Certificate. The downstairs sleeps 5 and upstairs sleeps 4. Built in 1915. Parcel ID: 07202011300 This structure could generate income from short term rentals, serve as employee housing or be converted to another food and beverage operation. This parcel could provide approx. 50 additional parking spaces along with outdoor patio space. Nearby New Developments Next door, M. L. Rose is opening it?s 4th location and its first in East Nashville. The redevelopment will also include two other retail or restaurant tenants. 3823 Gallatin Pike was recently developed into ?The Nines?, a condo property. At 3810 Gallatin Pike you?ll find the recently completed ?Studio 79? which offers 79 studio apartments. Next to it at 3800 Gallatin Pike, a 20,000 SF Class A office development is planned that includes a residential component. Strong Market for Investment 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. Don?t miss this opportunity. Our office must prepare all the paperwork for this transaction.

• Sale Type    Investment or Owner User
• Sale Condition    High Vacancy Property
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Bar General Retail Freestanding General Retail Storefront Retail/Office Restaurant
• Building Size    15,736
• Year Built    1955
• Price    4,200,000
• Price Per SF    267
• Percent Leased    100
• Tenancy    Multiple
• Building Height    2 Stories
• Loading Docks    1 Exterior
• Building FAR    0.44
• Land Acres    0.82 AC