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Retail Space with Commercial Kitchen
New
For Sale
$450,000

57 Natchez Trace Drive S, Lexington, TN 38351

Commercial Sale, Lexington, TN

Property Size11,648 SF
Lot Size11,648.00 Acres
Price / SF$38.63
Days on Market2

Property Features for 57 Natchez Trace Drive S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 15
Accessibility Accessible Approach with Ramp
Elementary school district Lexington School District
Directions Starting from 412 & 22, take 412 East two blocks and turn left onto Natchez Trace Dr. and go Two blocks and it will be on the left
Standard status Active
APN 082I H 016.00
Size 11,648 SF
Lot size 11,648.00 Acres

Taxes and HOA fees

Tax Annual Amount 4957

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Ceiling Fan(s), Multi Units, Window Unit(s)
Water source Public

Amenities

State of TN approved commercial kitchen

Building Details

Year built 1942
Floors in Building 1
Flooring type Concrete, Hardwood
Building materials Brick
Roof type Metal
Listing Agency: Real Estate One U.S.A.
Listed By: Brian K Williams · License #254302
Added: Sep 18 Last Checked: Sep 19 at 6:06AM
MLS# 2604425

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 11,648-square-foot retail property was built in 1942 and includes more than 60 vendor booth spaces, along with a separate 3,240-square-foot auction area. A Tennessee-approved commercial kitchen adds an additional operating component. The building features brick construction, concrete and hardwood flooring, a metal roof, natural gas heating, and multiple cooling systems including ceiling fans and window units.

Located in historic downtown Lexington, the property is surrounded by established downtown businesses. Public water and public sewer serve the site, with cable availability and an accessible approach with ramp. The property is available by appointment.

Key Highlights

  • 11,648 square feet of retail space
  • More than 60 vendor booth spaces
  • Separate 3,240‑square‑foot auction area

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Bakery Storage Facility Cafe & Coffee Shop Barber Shop Computer & Electronic Repair

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 79% Dining 15% Home Improvements & Furnishings 5% Hotels & Casinos 1%
Dodge's Southern Style Shops & Services
21,713 visits/mo 0.1 miles
FirstBank Shops & Services
7,109 visits/mo 0.4 miles
Family Dollar Shops & Services
6,611 visits/mo 0.3 miles
Regions Bank Shops & Services
5,892 visits/mo 0.1 miles
Little Caesars Pizza Dining
5,832 visits/mo 0.1 miles

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
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Retail space - Includes vendor booth space, an auction area, and a Tennessee-approved commercial kitchen.
Where is this retail space located?
The property is located at 57 Natchez Trace Drive S Lexington, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 11,648 square feet of retail space; More than 60 vendor booth spaces; Separate 3,240‑square‑foot auction area
More about this property
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