Search
Retail and Restaurant Investment Opportunity
For Sale
Contact for pricing

928 Hwy 51 S, Covington, TN 38019

Retail and restaurant spaces for sale in Covington, Tennessee.

Property Size9,040 SF
Price / SF$60.84
Days on Market183

Property Features for 928 Hwy 51 S

General Information

Standard status Active
Size 9,040 SF
Class B
Property subtype Retail
Occupancy 66%

Building Details

Units 3
Tenancy Multi
Listing Agency: NAI Saig Company
Listed By: James McCraw, CCIM · License #TN 340992
Source: Crexi
Added: Feb 18 Changed: Aug 12 Last Checked: Aug 19 at 2:44PM

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 NAI Saig Company

Investment Insights

Based on property information with market context.

This commercial property features a standalone restaurant space and two in-line retail spaces. The standalone restaurant space measures 1,440 square feet. The property also includes 5,000 square feet of leased retail space and an additional 2,600 square feet of leased retail space. The total property size is 9,040 square feet.

Key Highlights

  • Standalone Restaurant Space (1,440 SF) offers potential for owner‑occupancy.
  • Two Leased Retail Spaces (5,000 SF & 2,600 SF) providing immediate income.
  • Total building square footage of 9,040 SF.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Electrical Service Garden Center Skin Care Clinic 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.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Home Improvements & Furnishings 33% Dining 25%
Harbor Freight Tools Home Improvements & Furnishings
8,123 visits/mo 0.1 miles
Regions Bank Shops & Services
6,933 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,235 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
2,547 visits/mo 0.1 miles
Enterprise Rent-A-Car Shops & Services
722 visits/mo 0.4 miles

Demographics for 38019, TN

15,129
Population
6,543
Households
2.3
Avg Household Size
40
Median Age
15%
College-Educated
88%
High-School Grad
140.6 sq mi
ZIP Area
108
Density / Sq Mi
$59,957
Median Household Income
$38,118
Median Earnings
$912
Median Rent
$195,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail and restaurant spaces for sale in Covington, Tennessee.
Where is this retail space located?
The property is located at 928 Hwy 51 S Covington, TN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Standalone Restaurant Space (1,440 SF) offers potential for owner‑occupancy.; Two Leased Retail Spaces (5,000 SF & 2,600 SF) providing immediate income.; Total building square footage of 9,040 SF.
(901) 410-3311 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message