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Turnkey Retail Storefront Opportunity
For Sale
$325,000

551 E Union St, Gleason, TN 38229

COMMERCIAL - GLEASON, TN

Property Size1,960 SF
Lot Size0.20 Acres
Price / SF$165.82
Days on Market51

Property Features for 551 E Union St

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Subdivision Gleason
Standard status Active
APN 030.24
Size 1,960 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 527

Building Details

Year built 1998
Floors in Building 1
Listing Agency: Wendell Alexander Realty
Listed By: Laura Woodruff · License #253468
Added: Jun 16 Changed: Aug 4 Last Checked: Aug 5 at 12:06PM
MLS# 136875

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.

Investment Insights

Based on property information with market context.

This for-sale retail storefront is currently operating as Gleason Flower Market & Gifts and is offered with a turnkey package that includes the business, fixtures, inventory, and a delivery van. The property features a spacious retail showroom, a dedicated work area, storage space, and a break room that could easily serve as office space. In addition, the sale includes two storage units holding additional décor and inventory.

Located on E Union Street in Gleason, the property benefits from visibility and easy access, just off Hwy 22. The setting is described as being in the heart of Gleason, with convenient proximity to Dresden and McKenzie, each about ten minutes away.

Built for owners or operators who want to step into an active retail environment, this layout supports day-to-day merchandising and back-of-house needs with dedicated storage and work areas. With the break room able to convert into office use, the space can also accommodate administrative functions for a variety of retail and gift-oriented concepts. The property is zoned B-1, providing a practical framework for compatible commercial use.

Key Highlights

  • Commercial property built in 1998 operating as Gleason Flower Market & Gifts
  • Includes spacious retail showroom, dedicated work area, storage space, and break room that could serve as office space
  • Sale includes the business, fixtures, inventory, and 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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby
Balanced
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
Rey
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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, storage, and included business assets, positioned for straightforward retail operations.
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 operating as Gleason Flower Market & Gifts; Includes spacious retail showroom, dedicated work area, storage space, and break room that could serve as office space; Sale includes the business, fixtures, inventory, and delivery van
More about this property
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