216 E Commerce St, Waverly, TN 37185

Listing Agency: Weichert, REALTORS - Big Dog Group i***@weichertbdg.com Show Phone

Listed By: Deborah Grisham Show Phone

Source: Concordrealty

Added: Aug 15, 2025 Changed: Nov 7 Last Checked: Nov 8 at 2:21PM

Report an Issue

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 Weichert, REALTORS - Big Dog Group

Ask AI about this property

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

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

At 216 E Commerce St in Waverly, this retail property is occupied under a lease and used as a sales lot for storage buildings. The property has Commercial zoning. Its position at a signal-controlled intersection provides access to the Highway 70 W Bypass.

Key Highlights

• Leased property used as a sales lot for storage buildings
• Commercial zoning
• Signal‑controlled intersection with access to Highway 70 W Bypass

Property Analytics

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

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Furniture & Home Goods Garden Center Kitchen & Bath Showroom

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

317

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Exxon Shops & Services

6,845 visits/mo 0.1 miles

Demographics for 37185, TN

9,082

Population

4,853

Households

1.9

Avg Household Size

43

Median Age

18%

College-Educated

90%

High-School Grad

224.5 sq mi

ZIP Area

40

Density / Sq Mi

$52,849

Median Household Income

$31,148

Median Earnings

$827

Median Rent

$182,100

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

Similar For Sale Nearby

See more

Downtown Retail Space

121 N Court Sq, Waverly, TN 37185

$225,000

2,610 SF

View details

Established Campground with Lake Views

44 Camp Ln, Waverly, TN 37185

$375,000

View details

Storefront Retail Property

918 E Main St, Waverly, TN 37185

$219,500

View details

Multi-Tenant Neighborhood Shopping Center

515 West Main Street, Waverly, TN 37185

Contact for pricing

47,304 SF

View details

Highway 70 West Commercial Property

1416 Highway 70 W, Waverly, TN 37185

Contact for pricing

20,000 SF

View details

Frequently Asked Questions

What type of property is this?

Retail space - Commercial zoning and a signal-controlled intersection provide access to the Highway 70 W Bypass.

Where is this retail space located?

The property is located at 216 E Commerce St Waverly, TN.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: Leased property used as a sales lot for storage buildings; Commercial zoning; Signal‑controlled intersection with access to Highway 70 W Bypass