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Four-Suite Retail Property
For Sale
$515,000

401 N Lindell, Martin, TN 38237

COMMERCIAL/INDUSTRIAL, Martin, TN

Property SizeContact for details
Days on Market240

Property Features for 401 N Lindell

General Information

Property type Residential
Property subtype Retail
Lot features In City Limits
Directions From the intersection of University St and S Lindell St travel North on Lindell St. Property will be on your right in 0.7 miles.
Subdivision 009 MARTIN
Standard status Active

Utilities

Heating system Central, Electric (Heating)
Cooling system Heat Pump

Building Details

Year built 1977
Flooring type Vinyl, Carpet
Roof type Metal, Shingle
Listing Agency: UNITED COUNTRY REAL ESTATE | WINSTEAD REAL ESTATE and LAND CO.
Listed By: KOLTIN WINSTEAD · License #354379
Added: Feb 12 Changed: Sep 16 Last Checked: Oct 10 at 3:06AM
MLS# 46188

Copyright © 2026 Reelfoot Regional 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.

Investment Insights

Based on property information with market context.

This retail property at 401 N Lindell in Martin, Tennessee, contains four suites and has been in service since 1977. Existing finishes include vinyl and carpet flooring, while the building is equipped with electric and central heating and heat-pump cooling. Roofing consists of metal and shingle materials.

The property has long-term tenants in place and is currently managed by a property management company. The manager is willing to continue providing management services. An approximate daily traffic count of 6500+/- adds measurable context for the site’s commercial setting.

Key Highlights

  • Four retail suites within one commercial property
  • Long‑term tenants currently in place
  • Approximate daily traffic count of 6500+/-

Property Analytics

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Current Use

Karen Shopher Parker/Parker ... Insurance Agency Vicki's Designer Touch (Bike/Boat/Book/etc) Store Lana's Formals‎ Clothing & Fashion Store Cutting Edge Therapy Physician

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Big Box & Wholesale Store Electrical Service Skin Care Clinic (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

6,500 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

412
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Long-term tenants occupy the building, with property management available to continue operations.
Where is this retail space located?
The property is located at 401 N Lindell Martin, TN.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four retail suites within one commercial property; Long‑term tenants currently in place; Approximate daily traffic count of 6500+/-
More about this property
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