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Self Storage Facility with Warehouse
For Sale
$625,000

645 N Grayson Street, Newbern, TN 38059

Commercial Sale, Newbern, TN

Property Size20,000 SF
Price / SF$31.25
Days on Market186

Property Features for 645 N Grayson Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking 40
Elementary school district Dyer County Schools
Directions From I 155 take Newbern exit onto Hwy 77, 7 parcels are included at the corner of Hwy 77 & Grayson St
Standard status Active
APN 47H B 4.02
Size 20,000 SF

Taxes and HOA fees

Tax Annual Amount 2820

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Zoned
Cooling system Multi Units
Water source Public

Building Details

Year built 1995
Floors in Building 1
Flooring type Concrete
Building materials Metal Siding, Steel Frame
Roof type Metal
Listing Agency: Tennessee Realty
Listed By: Leigh Anne Walker · License #250396
Added: Mar 9 Changed: Sep 3 Last Checked: Sep 10 at 11:06AM
MLS# 2601035

Copyright © 2026 Central West Tennessee 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 self storage property includes two mini storage buildings with 50 units, comprising 38 larger units and 12 smaller units. The additional steel-frame building contains 20000 square feet, two partitioned sections, largely open free-span space, a loading dock, and roll-up doors. Concrete flooring, metal siding, and a metal roof are also present. The building was constructed in 1995, and miscellaneous contents from the former Napa operation convey with the property.

The offering combines 6 parcels at 645 N Grayson Street in Newbern, Tennessee. Access is available from Smith Street on the south through parcel 47H B 6.00, with potential west-side access from Jones Street through parcels 47H B 13.00 and 47H B 14.00. Public water and public sewer serve the property. A partial number of the mini storage units are currently rented.

Key Highlights

  • Two mini storage buildings with 50 units: 38 larger and 12 smaller
  • 20000‑square‑foot steel‑frame building with two partitioned areas and mostly open free‑span space
  • Loading dock and roll‑up doors included

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Building Supply

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

117
Businesses Nearby

Demographics for 38059, TN

7,607
Population
3,517
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
131.2 sq mi
ZIP Area
58
Density / Sq Mi
$57,182
Median Household Income
$43,058
Median Earnings
$804
Median Rent
$146,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Multi-building commercial property combines storage units with a steel-frame building featuring loading access and flexible interior areas.
Where is this self storage facility located?
The property is located at 645 N Grayson Street Newbern, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two mini storage buildings with 50 units: 38 larger and 12 smaller; 20000‑square‑foot steel‑frame building with two partitioned areas and mostly open free‑span space; Loading dock and roll‑up doors included
More about this property
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