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Storefront Property with Business
For Sale
$325,000

551 E Union St, Gleason, TN 38229

COMMERCIAL/INDUSTRIAL, Gleason, TN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market100

Property Features for 551 E Union St

General Information

Property type Residential
Property subtype Retail
Lot features In City Limits, General Business District
Elementary school district Gleason
Middle school district Gleason
High school district Gleason
Directions From the intersection of Hwy 22 and 190, in Gleason, go south on Hwy 190, towards Downtown Gleason. Property will be on the left.
Subdivision 012 GLEASON
Standard status Active
Lot size 0.20 Acres

Utilities

Heating system Central, Electric (Heating)
Cooling system Electric, Central Air

Building Details

Year built 1998
Flooring type Vinyl, Concrete
Roof type Metal
Listing Agency: WENDELL ALEXANDER REALTY
Listed By: LAURA WOODRUFF · License #253468
Added: Jun 15 Changed: Sep 15 Last Checked: Sep 22 at 8:06AM
MLS# 46459

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 storefront property includes an operating flower and gift business, with the real estate and business assets offered together. The interior provides a customer-facing showroom, a dedicated work area, storage, and a break room that can function as office space. Inventory, fixtures, a delivery van, and additional decor are included in the sale, along with two storage units.

Built in 1998, the building has a metal roof, concrete and vinyl flooring, central heating, and central air conditioning. The property is located at 551 E Union St in Gleason, Tennessee, within Weakley County.

Key Highlights

  • Operating flower and gift business included with the storefront property
  • Retail showroom plus dedicated work area, storage, and break room or office
  • Sale includes inventory, fixtures, decor, and a delivery van

Property Analytics

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Current Use

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

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Parts Store Electrical Service Hair Salon Furniture & Home Goods

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
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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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 - Operating retail storefront with showroom, work area, storage, and included business assets.
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: Operating flower and gift business included with the storefront property; Retail showroom plus dedicated work area, storage, and break room or office; Sale includes inventory, fixtures, decor, and a delivery van
More about this property
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