Enclosed Warehouse with Covered
For Sale
$550,000
397 Old Salem, Martin, TN 38237
Commercial Sale, MARTIN, TN
Property Size9,503 SF
Lot Size3.50 Acres
Price / SF$57.88
Days on Market49
Property Features for 397 Old Salem
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M-1
Subdivision
Martin
Standard status
Active
APN
044.03
Size
9,503 SF
Lot size
3.50 Acres
Taxes and HOA fees
Tax Annual Amount
420
Building Details
Year built
1990
Floors in Building
1
Listing Agency:
Wendell Alexander Realty
(731) 281-1220
Listed By:
Alex Bynum
(731) 364-5368
Added: Sep 4
Changed: Oct 18
Last Checked: Oct 22 at 1:06AM
MLS# 137271
Copyright © 2026 Tennessee Valley 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.
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Investment Insights
Based on property information with market context.
This warehouse property combines two enclosed storage buildings with a steel-framed canopy and 12 garage bays. The improvements include insulated areas, loft storage, office space, a bathroom, overhead doors with openers, industrial heating, Humatic Air, a window unit, and recessed floor anchors. The first building is approximately 49' x 47', with 16' wall height and approximately 19' at the center. The second measures approximately 80' x 40' and includes four bays with reinforced brick between the doors.
The attached canopy measures approximately 100' x 40' and provides five approximately 19'-wide bays with 16' of clearance and a new roof. Chain-link fencing with barbed wire along the top encloses the property. The facility is located at 397 Old Salem in Martin, Tennessee, and carries M-1 zoning.
The attached canopy measures approximately 100' x 40' and provides five approximately 19'-wide bays with 16' of clearance and a new roof. Chain-link fencing with barbed wire along the top encloses the property. The facility is located at 397 Old Salem in Martin, Tennessee, and carries M-1 zoning.
Key Highlights
- M‑1 zoning with 12 garage bays across two enclosed buildings and an attached canopy
- First building measures approximately 49' x 47' with 16' wall height and approximately 19' at the center
- Second enclosed building measures approximately 80' x 40' and includes four 14' x 12' bays
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38237, TN
15,826
Population
6,754
Households
2.3
Avg Household Size
32
Median Age
28%
College-Educated
92%
High-School Grad
138.1 sq mi
ZIP Area
115
Density / Sq Mi
$49,301
Median Household Income
$31,403
Median Earnings
$808
Median Rent
$194,100
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- 731 SELF STORAGE — 100 Smith St, Martin, TN 38237
- Southern Belle Refrigerated — 165 Old Salem Rd, Martin, TN 38237
- Comfort Zone Self Storage — 804 N Lindell St, Martin, TN 38237
- Moore Real Estate Company - Martin, TN Office — 804 N Lindell St, Martin, TN 38237
- Martin Self Storage — Martin, TN 38237
Frequently Asked Questions
What type of property is this?
Warehouse - M-1-zoned facility with enclosed storage, office space, loft storage, and a bathroom.
Where is this warehouse located?
The property is located at 397 Old Salem Martin, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: M‑1 zoning with 12 garage bays across two enclosed buildings and an attached canopy; First building measures approximately 49' x 47' with 16' wall height and approximately 19' at the center; Second enclosed building measures approximately 80' x 40' and includes four 14' x 12' bays
