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Storefront Retail Property with Business
For Sale
$325,000

551 E Union St, Gleason, TN 38229

Commercial Sale, GLEASON, TN

Property Size1,960 SF
Lot Size0.20 Acres
Price / SF$165.82
Days on Market77

Property Features for 551 E Union St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Subdivision Gleason
Standard status Active
APN 030.24
Size 1,960 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 527

Building Details

Year built 1998
Floors in Building 1
Listing Agency: Wendell Alexander Realty
Listed By: Laura Woodruff · License #253468
Added: Jun 16 Changed: Aug 20 Last Checked: Aug 31 at 4:06PM
MLS# 136875

Copyright © 2026 Tennessee Valley 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 1,960-square-foot storefront property includes a retail showroom, dedicated work area, storage space, and a break room that can function as office space. The sale includes the operating Gleason Flower Market & Gifts business, along with fixtures, inventory, a delivery van, and two storage units holding additional décor and inventory. Built in 1998, the property occupies 0.2 acres and carries B-1 zoning.

The property is located at 551 E Union St in Gleason, Tennessee, just off Hwy 22. Dresden and McKenzie are each approximately ten minutes away. The offering combines the commercial building with the existing business and associated operational assets.

Key Highlights

  • 1,960‑square‑foot storefront property on 0.2 acres
  • Sale includes Gleason Flower Market & Gifts business
  • Fixtures, inventory, and delivery van included

Property Analytics

Current Use

Gleason Flower Market ... (Bike/Boat/Book/etc) Store Worms Sporting Goods (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale 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.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38229, TN

2,738
Population
1,248
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
83%
High-School Grad
60.9 sq mi
ZIP Area
45
Density / Sq Mi
$56,161
Median Household Income
$35,156
Median Earnings
$641
Median Rent
$144,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Blossoms N Blooms 555 E Union St, Gleason, TN 38229

Frequently Asked Questions

What type of property is this?
Storefront property - The building includes showroom, work, storage, and break-room areas for an operating retail business.
Where is this storefront property located?
The property is located at 551 E Union St Gleason, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1,960‑square‑foot storefront property on 0.2 acres; Sale includes Gleason Flower Market & Gifts business; Fixtures, inventory, and delivery van included
More about this property
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