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Multi-Tenant Strip Mall
New
For Sale
$679,900

405 S Armstrong, Rogersville, TN 37857

Commercial Sale, Rogersville, TN

Property Size5,850 SF
Price / SF$116.22
Days on Market3
Rey
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Property Features for 405 S Armstrong

General Information

Property type Commercial Sale
Property subtype Other
Zoning M-R
Subdivision Armstrong Heirs
Directions US 11W to Carpenter Dr.,right onto Main Street, right onto Armstrong Rd.
Standard status Active
APN 100m A 03300 000
Size 5,850 SF

Taxes and HOA fees

Tax Annual Amount 4127

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1989
Building materials Block, Brick
Roof type Metal
Listing Agency: Property Executives Johnson City
Listed By: Kaley Franklin · License #340387
Added: Oct 13 Last Checked: Oct 15 at 3:06PM
MLS# 10002085

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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.

The 5,850-square-foot strip mall was built in 1989 and is configured as a 10-door commercial building. Four tenants currently occupy the property, with vacant space available for a fifth business. Construction includes block and brick, and the roof is metal. Heat pumps provide heating and cooling.

The property is served by public water and public sewer and is zoned M-R. It is located at 405 S Armstrong in Rogersville, Tennessee.

Key Highlights

  • 5,850 square feet of commercial space
  • Four current tenants, with vacant space available for a fifth business
  • 10‑door commercial building

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Locksmith Garden Center Storage Facility Barber Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

629
Businesses Nearby
134k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 35%
McDonald's Dining
22,990 visits/mo 0.3 miles
Pal's Sudden Service Dining
21,952 visits/mo 0.3 miles
Murphy USA Shops & Services
15,998 visits/mo 0.4 miles
Taco Bell Dining
12,927 visits/mo 0.4 miles
Marathon Shops & Services
12,538 visits/mo 0.3 miles

Demographics for 37857, TN

21,026
Population
9,749
Households
2.2
Avg Household Size
45
Median Age
18%
College-Educated
83%
High-School Grad
235.7 sq mi
ZIP Area
89
Density / Sq Mi
$51,383
Median Household Income
$35,453
Median Earnings
$650
Median Rent
$164,500
Median Home Value
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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

Frequently Asked Questions

What type of property is this?
Strip mall - Four tenants occupy the property, with vacant space available for a fifth business.
Where is this strip mall located?
The property is located at 405 S Armstrong Rogersville, TN.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: 5,850 square feet of commercial space; Four current tenants, with vacant space available for a fifth business; 10‑door commercial building
More about this property
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