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Retail Event Venue Building
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1535 Old Rives Rd, Union City, TN 38261

Brick-and-metal building with central heat and air, separate men’s and women’s restrooms, and paved parking on 3 acres.

Property Size13,651 SF
Lot Size3.00 Acres
Days on Market124

Property Features for 1535 Old Rives Rd

General Information

Standard status Active
Size 13,651 SF
Lot size 3.00 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 1971
Year Renovated 1997
Listing Agency: Carpenter Real Estate Co., Inc.
Listed By: Bob Carpenter · License #TN 212944
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:02AM

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 Carpenter Real Estate Co., Inc.

Investment Insights

Based on property information with market context.

Built in 1971 with an addition added in 1997, this brick-and-metal commercial building includes central heat and air and separate men’s and women’s restrooms. The space has most recently operated as a hardware store, and it has also been used as a rental facility and as a venue for wedding receptions and family reunions.

The property sits on approximately 3 acres with a blacktop paved parking area. It is located behind McDonald’s on Old Rives Road off of Hwy 51/West Reelfoot Ave in Union City, Tennessee.

The overall size is approximately 13,651 square feet, offering flexibility for continued operation as a retail and/or rental/event use.

Key Highlights

  • Brick‑and‑metal building originally built in 1971 with an addition in 1997
  • Approximately 13,651 SF with central heat and air
  • Separate men’s and women’s restrooms

Property Analytics

Current Use

Ultimate Fitness of Union ... Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Pharmacy HVAC 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 38261, TN

16,627
Population
7,178
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
176.9 sq mi
ZIP Area
94
Density / Sq Mi
$52,884
Median Household Income
$34,343
Median Earnings
$759
Median Rent
$141,900
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
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Frequently Asked Questions

What type of property is this?
Retail space - Brick-and-metal building with central heat and air, separate men’s and women’s restrooms, and paved parking on 3 acres.
Where is this retail space located?
The property is located at 1535 Old Rives Rd Union City, TN.
What are key features of this property?
This property features: Brick‑and‑metal building originally built in 1971 with an addition in 1997; Approximately 13,651 SF with central heat and air; Separate men’s and women’s restrooms
More about this property
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