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Mixed-Use Property with Penthouse

107/109 W Pleasant Ave, Covington, TN 38019

For Sale
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Retail, office/medical, and residential areas provide three separate income streams.

Property Size10,000 SF
Price / SF$49.50
Days on Market11

Property Features for 107/109 W Pleasant Ave

General Information

Standard status Active
Size 10,000 SF
Property subtype Retail, Office, Mixed Use

Additional Details

Condition Turnkey
Mixed-Use Components retail, office/medical, residential
Office Units 1
Property Use Mixed-Use

Amenities

full basement storage
mezzanine office
kitchenette
reception area
private offices/treatment rooms
12-ft ceilings
exposed brick
original hardwoods
Covington Square views

Building Details

Buildings 1
Building Size 10,000 SF
Tenancy Multi
Listing Agency: Collier Realtors, LLC
Listed By: Jessica Collier · License TN #292498
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 5:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Collier Realtors, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use property brings together retail space, an office/medical suite, and a second-floor penthouse, totaling approximately 10,000 SF. The retail area is approximately 2,000 SF, with a basement, mezzanine office, two bathrooms, and a kitchenette. The approximately 2,000 SF office/medical area includes reception, private offices or treatment rooms, and two bathrooms.

The approximately 5,000 SF penthouse has 12-foot ceilings, exposed brick, original hardwood floors, and views of Covington Square. The property is at 107/109 W Pleasant Ave in Covington, Tennessee.

Key Highlights

  • Approximately 10,000 +/- total SF across three distinct spaces
  • Retail area of approximately 2,000 SF with basement storage and mezzanine office
  • Office/medical space of approximately 2,000 SF with reception, private offices or treatment rooms

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Gym & Fitness Center Garden Center Kitchen & Bath Showroom Carpet & Flooring 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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

493
Businesses Nearby

Demographics for 38019, TN

15,129
Population
6,543
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
140.6 sq mi
ZIP Area
108
Density / Sq Mi
$59,957
Median Household Income
$38,118
Median Earnings
$912
Median Rent
$195,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, office/medical, and residential areas provide three separate income streams.
Where is this mixed-use property located?
The property is located at 107/109 W Pleasant Ave Covington, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Approximately 10,000 +/- total SF across three distinct spaces; Retail area of approximately 2,000 SF with basement storage and mezzanine office; Office/medical space of approximately 2,000 SF with reception, private offices or treatment rooms
(901) 832-4294 Call to check price and availability
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