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562 S Water St
Gallatin, TN 37066
562 S Water Ave · Retail Property For Sale
Investment Highlights
- Historic registry property
- 2.18 Acres in downtown Gallatin
- 40 paved parking spaces with room for more
- Working commercial kitchen
- Additional storage buildings
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,752 SF
Building Class
B
Year Built/Renovated
1860/2005
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
2.18 AC
Zoning
Commercial
Parking
40 Spaces (8.42 Spaces per 1,000 SF Leased)
Frontage
369’ on Water Ave
Amenities
- Pylon Sign
- Restaurant
- Security System
- Storage Space
About 562 S WATER ST , GALLATIN, TN 37066
Fitzgerald Manor, an historic landmark in Gallatin Tennessee is the former home of Famous Monnell's Restaurant, a Nashville Icon. This 4752 SF 2-story mansion has 40 paved parking spaces and additional storage from two brick masonry out-buildings. Built in 1860-70. Over $260,000 invested in 2005-6 and $125,000 invested in 2014. Two hand-made staircases, pocket doors, ornate ceiling medallions, and hand hewn pine floors all contribute to unending old-world charm. The property sits on 2.18 acres of flat well-manicured lawn. The city of Gallatin is undergoing a massive roadway expansion plan both north and south of the subject property. When completed, this location will be unrecognizable.
Property Taxes
| Parcel Number | 126F-L-001.00 | Improvements Assessment | $197,400 |
| Land Assessment | $125,360 | Total Assessment | $322,760 |
Property Taxes
Parcel Number
126F-L-001.00
Land Assessment
$125,360
Improvements Assessment
$197,400
Total Assessment
$322,760
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