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    Lake City, TN

    Lake City, TN Commercial Real Estate for Sale

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    Andersonville, TN Caryville, TN Briceville, TN Jacksboro, TN Clinton, TN La Follette, TN Heiskell, TN Powell, TN
    Mixed-Use Building with Off-Street Parking
    Updated: Oct 21, 2025
    Mixed-Use Building with Off-Street Parking

    Lake City, TN 37769

    $375,000
    2,848 sqft
    Completely remodeled in 2008 with wiring, plumbing, HVAC, windows, and finishes updated
    Main level offers 1,700 SF of commercial space
    Upstairs includes two one‑bedroom apartments totaling 1,400 SF
    Brick and block construction with rubber roof and vinyl windows
    Off‑street parking in the rear plus carport
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    This listing looks promising.

    Here's a quick look at some key insights for

    311 S Main St, Rocky Top, TN 37769

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Price @ 7% Cap

      $444K
      Above asking

    • Last Sold

      Oct 2006
      $38K

    • Property Type

      Retail Stores
      Built 1925
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    Rocky Top Development Land Available
    Updated: Jan 7, 2025
    Rocky Top Development Land Available

    Lake City, TN 37769

    $365,000
    2.60 AC lot
    2.6 acres of land prime for development.
    Located just off Interstate 75 at Exit 129.
    Excellent location for a small hotel.
    High visibility and accessibility at Hwy 116/Hwy 25 and Hulsey Lane.
    Proximity to gas stations and food venues in Rocky Top.
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    Restaurant Property with Seating
    Restaurant Property with Seating

    Lake City, TN 37769

    Contact for pricing
    3,040 sqft

    Restaurant real estate offered with included furniture, fixtures, and equipment, with dine-in seating and ample parking.

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    Former Restaurant with Drive-Thru
    Former Restaurant with Drive-Thru

    Lake City, TN 37769

    Contact for pricing
    5,182 sqft 1.53 AC lot

    5,182 SF vacant restaurant with drive-thru and carhop bays.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Lake City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Picturesque Land with Mountain Views
    Picturesque Land with Mountain Views

    4261 Andersonville Hwy, Andersonville, TN 37705

    $549,900
    6.30 AC lot

    6.3 acres ideal for mini-farm, estate, or development.

    View details
    Retail Center on Andersonville Highway
    Retail Center on Andersonville Highway

    3310 Andersonville Hwy, Andersonville, TN

    Contact for pricing
    24,700 sqft 3.99 AC lot

    Retail center with high visibility and easy access near I-75.

    View details
    Equestrian Facility with Indoor Arena
    Equestrian Facility with Indoor Arena

    500 Miller Rd, Clinton, TN 37716

    $520,000
    4.12 AC lot

    Functional horse property with stalls, training infrastructure, and multiple potential building sites.

    View details
    Lots & Acreage, Clinton, TN
    Lots & Acreage, Clinton, TN

    Offutt Rd, Clinton, TN 37716

    $119,000
    3.70 AC lot

    Residential land & home lots · 3.70 Acres

    View details

    Off-Market Properties in Lake City, TN

    Consider similar Off-Market properties in Lake City, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    311 Main St
    RETAIL STORES (PERSONAL SERVICES)

    311 Main St, Lake City, TN 37769

    $175,000
    Estimated value
    2,968 sqft 0.08 AC lot
    View details
    221 Colonial Ln
    VACANT COMMERCIAL LAND

    221 Colonial Ln, Lake City, TN 37769-2921

    $305,000
    Estimated value
    3.14 AC lot
    View details

    Lake City, TN Commercial Real Estate Market Trends and Statistics

    Explore 6 commercial real estate for sale in Lake City, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,070 square feet of properties for sale, with an estimated market value of $740,000.

    Sale prices for business properties in Lake City, TN start at $365,000, averaging $370,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,673
    Population Growth (5Y) -1.6%
    Median Household Income $51,691
    College Educated 14.9%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37769 $371.7K

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Anderson County

    Residential Income

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