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Three-Level Mixed-Use Building
New
For Sale
$225,000

145 E Jackson Avenue, Ripley, TN 38063

Commercial Sale, Ripley, TN

Property Size5,453 SF
Price / SF$41.26
Days on Market5

Property Features for 145 E Jackson Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B-3, Central Business District
Parking 3
Elementary school district Lauderdale County
Standard status Active
APN 076P C 011.01
Size 5,453 SF

Additional Details

Currently Operating Yes
Property Use Office

Taxes and HOA fees

Tax Annual Amount 3575

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Multi Units
Water source Public

Building Details

Year built 1971
Floors in Building 3
Flooring type Vct, Carpet, Wood
Building materials Brick, Brick Veneer
Roof type Composition
Buildings 1
Listing Agency: Coldwell Banker Southern Realty · Coldwell Banker Real Estate
Listed By: Jessica Alexander · License #364884
Added: Oct 23 Changed: Oct 27 Last Checked: Oct 27 at 10:06PM
MLS# 2605008

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.

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 5,453-square-foot property in Ripley contains three levels of space, including office areas, upper-level space, and a basement with a kitchen. A rear apartment was added in 2024. The brick and brick-veneer building dates to 1971 and has wood, VCT, and carpet flooring, central heating, and central air with multiple cooling units.

The property fronts East Jackson Avenue and Lafayette Street, with approximately 91 feet along each. It is near Ripley’s downtown square and surrounding local businesses. B-3 zoning applies, and the site is served by public water and public sewer.

Key Highlights

  • 5,453 square feet across three levels
  • Approximately 91 feet of frontage on East Jackson Avenue and 91 feet on Lafayette Street
  • Rear apartment added in 2024

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Enterprise Publishing House

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Pharmacy Skin Care Clinic Garden Center

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
Paved road access

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 38063, TN

16,033
Population
7,070
Households
2.3
Avg Household Size
40
Median Age
13%
College-Educated
84%
High-School Grad
285.2 sq mi
ZIP Area
56
Density / Sq Mi
$48,578
Median Household Income
$37,121
Median Earnings
$731
Median Rent
$137,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Office areas, a basement kitchen, and a rear apartment added in 2024 provide distinct components within the property.
Where is this mixed-use property located?
The property is located at 145 E Jackson Avenue Ripley, TN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 5,453 square feet across three levels; Approximately 91 feet of frontage on East Jackson Avenue and 91 feet on Lafayette Street; Rear apartment added in 2024
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