Multi-Tenant Retail Center Corner
For Sale
Contact for pricing
16295 US-64, Somerville, TN 38068
Multi-building retail center on a corner lot with 250+/- of Hwy 64 frontage and ample on-site parking.
Property Size8,864 SF
Lot Size1.00 Acre
Days on Market124
Property Features for 16295 US-64
General Information
Standard status
Active
Size
8,864 SF
Lot size
1.00 Acre
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Best Life Real Estate
Listed By:
Ralph Hawkins · License #TN 353674
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 4:37PM
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 Best Life Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant retail center sits on a corner lot and features three separate commercial buildings totaling approximately 8,864 square feet across 50 by 114, 82 by 32, and 36 by 16 dimensions. The larger first building (about 5,700 sq ft) has recently been used as a retail western store and includes ample parking. The second building (about 2,624 sq ft) is well suited for retail storefront use and has recently housed a motorcycle shop, also with great parking. The third building provides additional flexible storefront space of about 540 sq ft.
The property is located on US Hwy 64 in Somerville, TN, with approximately 250+/- road frontage along Hwy 64. The area includes a mix of local businesses, including eateries, a grocery store, auto parts, banks, and other services within walking distance.
The seller prefers to sell the property as a whole, with consideration for subdivision. The offering also references a potential income increase in progress totaling $5,200.
The property is located on US Hwy 64 in Somerville, TN, with approximately 250+/- road frontage along Hwy 64. The area includes a mix of local businesses, including eateries, a grocery store, auto parts, banks, and other services within walking distance.
The seller prefers to sell the property as a whole, with consideration for subdivision. The offering also references a potential income increase in progress totaling $5,200.
Key Highlights
- Multi‑tenant retail center on a corner lot totaling 1 acre with 250+/- of Hwy 64 road frontage in Somerville, TN.
- Three separate buildings: 5,700 SF (50x114), 2,624 SF (82x32), and 540 SF (36x16).
- On‑site parking available for the retail buildings, including recent use as a western store and a motorcycle shop.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38068, TN
10,952
Population
4,411
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
258.7 sq mi
ZIP Area
42
Density / Sq Mi
$63,022
Median Household Income
$38,162
Median Earnings
$775
Median Rent
$258,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-building retail center on a corner lot with 250+/- of Hwy 64 frontage and ample on-site parking.
Where is this shopping center located?
The property is located at 16295 US-64 Somerville, TN.
What are key features of this property?
This property features: Multi‑tenant retail center on a corner lot totaling 1 acre with 250+/- of Hwy 64 road frontage in Somerville, TN.; Three separate buildings: 5,700 SF (50x114), 2,624 SF (82x32), and 540 SF (36x16).; On‑site parking available for the retail buildings, including recent use as a western store and a motorcycle shop.
