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 marshall with stamped construction plans. Opportunity to position your business before the boutique hotel opens on the square. Ultra high speed internet available.
The median home value in Gainesboro, TN is $220,000. This is higher than the county median home value of $190,000. The national median home value is $338,100. The average price of homes sold in Gainesboro, TN is $220,000. Approximately 51.75% of Gainesboro homes are owned, compared to 30.25% rented, while 18% are vacant. Gainesboro real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gainesboro real estate agent to arrange a tour today!
Gainesboro, Tennessee has a population of 1,098. Gainesboro is more family-centric than the surrounding county with 27.08% of the households containing married families with children. The county average for households married with children is 22.91%.
The median household income in Gainesboro, Tennessee is $33,281. The median household income for the surrounding county is $41,890 compared to the national median of $69,021. The median age of people living in Gainesboro is 45.8 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 53.2 inches per year, with 5.6 inches of snow per year.