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Commercial Property with Event Space
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115 Neal Street, Martin, TN 38237

Commercial property featuring established businesses, event space, and growth potential.

Property Size12,940 SF
Price / SF$100.46
Days on Market651

Property Features for 115 Neal Street

General Information

Standard status Active
Size 12,940 SF
Property subtype Retail, Office

Building Details

Year Built 1946
Stories 1
Listing Agency: Wendell Alexander Realty Martin
Listed By: Alex Bynum · License #TN 320284
Source: Crexi
Added: Nov 8, 2024 Changed: Aug 19 Last Checked: Aug 21 at 11:41AM

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 Martin

Investment Insights

Based on property information with market context.

This commercial property features six established businesses and a versatile event space. The property has been completely remodeled and offers potential for further growth. It benefits from a downtown location and well-maintained infrastructure, contributing to a strong community presence. The property is suitable for mixed-use, retail, and office purposes. The property size is 12940 square feet.

Key Highlights

  • Six established businesses providing immediate income.
  • Versatile event space for additional revenue streams.
  • Prime downtown location.

Property Analytics

Current Use

Tennessee Quality Care ... Nursing Home Live Oak Office (Bike/Boat/Book/etc) Store Tennessee Quality Care Home Health Care Service Martin Courtyard | Venue Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store HVAC Service Electrical Service Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 38237, TN

15,826
Population
6,754
Households
2.3
Avg Household Size
32
Median Age
28%
College-Educated
92%
High-School Grad
138.1 sq mi
ZIP Area
115
Density / Sq Mi
$49,301
Median Household Income
$31,403
Median Earnings
$808
Median Rent
$194,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property featuring established businesses, event space, and growth potential.
Where is this mixed-use property located?
The property is located at 115 Neal Street Martin, TN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Six established businesses providing immediate income.; Versatile event space for additional revenue streams.; Prime downtown location.
(731) 281-1220 Call to check price and availability
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