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Turnkey Retail Showroom and Gifts
For Sale
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551 E Union St, Gleason, TN 38229

Turnkey retail space with showroom, work area, storage, and included business assets for a ready-to-operate buyer.

Property Size1,960 SF
Price / SF$165.82
Days on Market69

Property Features for 551 E Union St

General Information

Standard status Active
Size 1,960 SF
Total Parking Spaces 16
Property subtype Business for Sale, Retail

Additional Details

Business Included Yes

Building Details

Year Built 1998
Listing Agency: Wendell Alexander Realty
Listed By: Laura Woodruff · License #TN 253468
Source: Crexi
Added: Jun 15 Changed: Aug 8 Last Checked: Aug 22 at 10:59AM

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 Wendell Alexander Realty

Investment Insights

Based on property information with market context.

This property is currently operating as a flower market and gifts business and is offered as a turnkey package. The interior includes a spacious retail showroom, a dedicated work area, storage space, and a break room that could be used as office space. The sale also includes the business, fixtures, inventory, and a delivery van, along with two storage units containing additional décor and inventory.

Located on E Union Street in Gleason, the property is described as having great visibility and easy access, just off Hwy 22. It is positioned for convenient customer approach and ongoing retail use, with nearby regional access noted as being about ten minutes from Dresden and McKenzie.

For a buyer looking for an immediate operating setup, the combination of retail frontage space, functional back-of-house areas, and included business assets can support a smooth transition. The layout also allows for continued operation under the existing business name or rebranding for a new retail concept, with storage and workspace already built into the property.

Key Highlights

  • Commercial property built in 1998, currently operating as Gleason Flower Market & Gifts.
  • Retail showroom plus dedicated work area, storage space, and a break room that could serve as office space.
  • Included in the sale: business, fixtures, inventory, and a delivery van.

Property Analytics

Current Use

Gleason Flower Market ... (Bike/Boat/Book/etc) Store Worms Sporting Goods (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38229, TN

2,738
Population
1,248
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
83%
High-School Grad
60.9 sq mi
ZIP Area
45
Density / Sq Mi
$56,161
Median Household Income
$35,156
Median Earnings
$641
Median Rent
$144,700
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
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Similar Off Market Nearby

  • Blossoms N Blooms 555 E Union St, Gleason, TN 38229

Frequently Asked Questions

What type of property is this?
Storefront property - Turnkey retail space with showroom, work area, storage, and included business assets for a ready-to-operate buyer.
Where is this storefront property located?
The property is located at 551 E Union St Gleason, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Commercial property built in 1998, currently operating as Gleason Flower Market & Gifts.; Retail showroom plus dedicated work area, storage space, and a break room that could serve as office space.; Included in the sale: business, fixtures, inventory, and a delivery van.
(731) 571-1106 Call to check price and availability
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