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Mixed-Use Property with Shop
For Sale
$358,000

465 N Main Street, Lexington, TN 38351

Commercial Sale, Lexington, TN

Property Size4,200 SF
Lot Size0.83 Acres
Price / SF$67.17
Days on Market37

Property Features for 465 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B2
Parking 25
Accessibility Accessible Approach with Ramp
Elementary school district Lexington School District
Directions In Lexington TN at red light intersection located on Hwy 412 and North Main Street, turn onto North Main Street next to Wendy's Restaurant, the property is on the left
Standard status Active
APN 081E 007.00
Size 5,330 SF
Lot size 0.83 Acres

Taxes and HOA fees

Tax Annual Amount 2451

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central
Cooling system Electric, Central Air
Water source Public

Amenities

heated and cooled
insulated
office
water view

Building Details

Year built 1985
Floors in Building 1
Flooring type Wood, Concrete
Building materials Metal Siding, Vinyl Siding
Roof type Metal, Shingle
Listing Agency: 7 Lakes Realty Inc.
Listed By: Debbie Mays · License #290698
Added: Aug 7 Changed: Sep 12 Last Checked: Sep 12 at 6:06PM
MLS# 2603842

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property combines a 1,130-square-foot home with a 4,200-square-foot shop and garage facility on 0.83 acres. The residence has remodeling underway, wood flooring, central heating and cooling, and an accessible ramp. The larger improvement includes approximately 1,000 square feet of finished shop area and approximately 3,200 square feet of garage and warehouse space. The finished section is insulated, heated and cooled, and includes a wash bay, water-connected sink, and office area. The remaining space is suited to vehicle, equipment, inventory, or general storage needs.

A substantial parking area accommodates boats, RVs, trailers, vehicles, and equipment. The property has a water view toward a neighboring lake and is located minutes from the Beach Lake resort area in Henderson County. Public water and public sewer serve the site. Construction includes metal and vinyl siding, with metal and shingle roofing, and the property was built in 1985.

Key Highlights

  • 4,200‑square‑foot shop and garage building on a slab foundation
  • Approximately 1,000 square feet of finished shop space plus approximately 3,200 square feet of garage/warehouse area
  • 1,130‑square‑foot home with remodeling underway and accessible ramp

Property Analytics

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Current Use

West Tennessee Housing ... Social Service Agency Elite Wraps Interior Design

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Garden Center Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 38351, TN

17,838
Population
7,909
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
208.0 sq mi
ZIP Area
86
Density / Sq Mi
$53,573
Median Household Income
$37,256
Median Earnings
$809
Median Rent
$159,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - House and warehouse improvements provide separate residential and commercial functionality.
Where is this mixed-use property located?
The property is located at 465 N Main Street Lexington, TN.
What is the asking price?
The asking price for this property is $358,000.
What are key features of this property?
This property features: 4,200‑square‑foot shop and garage building on a slab foundation; Approximately 1,000 square feet of finished shop space plus approximately 3,200 square feet of garage/warehouse area; 1,130‑square‑foot home with remodeling underway and accessible ramp
More about this property
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