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Remodeled Mixed-Use Property
For Sale
$378,000

118 W Walnut St, Smithville, TN 37166

Flexible interior includes a full kitchen, updated bathroom, and private backyard.

Property Size840 SF
Days on Market16

Property Features for 118 W Walnut St

General Information

Standard status Active
Size 840 SF
Property subtype Commercial
Zoning Comm/Res

Amenities

fully equipped kitchen
updated bathroom
private backyard area

Building Details

Building Size 840 SF
Year Built 1928
Listing Agency: Lake Homes Realty, LLC
Listed By: Tony Luna · License #270261
Source: Reason4homes
Added: Jul 24 Changed: Aug 7 Last Checked: Aug 8 at 12:22PM

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 Lake Homes Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1928 and remodeled with contemporary finishes, this mixed-use property combines open interior areas with industrial-inspired details, including sealed concrete flooring, exposed block walls, and visible ductwork. A fully equipped kitchen and updated bathroom support residential occupancy or business use, while the adaptable layout can accommodate retail, office, studio, or short-term rental applications as described. The property is zoned Comm/Res.

The building sits at 118 W Walnut St in Historic Downtown Smithville, directly across from a local coffee shop and near downtown boutiques, restaurants, and businesses. Its central setting places everyday commercial and community activity within walking distance. A private backyard adds usable outdoor space for seating, entertaining, or personal use.

Key Highlights

  • Remodeled mixed‑use property with sealed concrete floors, exposed block walls, and exposed ductwork
  • Fully equipped kitchen and updated bathroom
  • Open interior layout suited to retail, office, studio, residential, or short‑term rental use

Property Analytics

Current Use

The Arts Garage Art Studio

Suggested Use

Top Pick Big Box & Wholesale Store Plumbing Service Kitchen & Bath Showroom Storage Facility Furniture & Home Goods Bakery

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

384
Businesses Nearby

Demographics for 37166, TN

14,379
Population
7,199
Households
2
Avg Household Size
42
Median Age
18%
College-Educated
81%
High-School Grad
154.6 sq mi
ZIP Area
93
Density / Sq Mi
$46,713
Median Household Income
$35,640
Median Earnings
$768
Median Rent
$183,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible interior includes a full kitchen, updated bathroom, and private backyard.
Where is this mixed-use property located?
The property is located at 118 W Walnut St Smithville, TN.
What is the asking price?
The asking price for this property is $378,000.
What are key features of this property?
This property features: Remodeled mixed‑use property with sealed concrete floors, exposed block walls, and exposed ductwork; Fully equipped kitchen and updated bathroom; Open interior layout suited to retail, office, studio, residential, or short‑term rental use
More about this property
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