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407 E Gore Ave

9,879 SF Retail Building Gainesboro, TN 38562 $711,000 CAD ($72 CAD/SF)

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Investment Highlights

Selling below replacement cost!
Gainesboro gentrifying - get in before the boutique hotel opens!

Motivated Seller! Bring all offers!

Executive Summary

Building is stabilized and ready for new owner! Great bones with steel I-beams, brick over block construction, and concrete floors. Roof repaired and building is dry. 6,925 sq ft on main and 2nd level. 4,654 sq ft on basement level with 2 garage doors for a shop, warehouse, HVAC, plumbing, roofing, construction company or additional covered parking. 13 lined parking spaces with street parking available on E Gore Ave. Walking distance to square with restaurants and retail shops. Close to Hwy 56 with 5,000 cars per day and E Hull Ave with 2,500. Owner agent is willing to lease the property but would prefer a straight sale. Zoning allows retail, restaurant, commercial kitchen, office, church, gym, light industrial under 10 employees, storage. Residential multifamily possible; would require sign off from Metro Nashville fire marshal with stamped construction plans. Opportunity to position your business before the boutique hotel opens on the square. Ultra high speed internet available.

Document - C-2 General Commercial District - Creat