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    Mercer, TN
    Mixed-Use

    Mercer, TN Mixed-use Properties for Sale

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    Historic Restaurant Building with Furnishings
    Updated: Jun 9
    Historic Restaurant Building with Furnishings

    1704 Highway 138, Mercer, TN 38392

    $330,000
    4,000 sqft
    4,000‑hsf historic restaurant building
    Restaurant furnishings included with the sale
    Upper level described for apartment or short‑term rental use
    Located at 1704 Highway 138 in Mercer, TN
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    See hot listings in Mercer

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Mercer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flexible Mixed-Use Property
    Flexible Mixed-Use Property

    1670 Anderson Avenue, Brownsville, TN 38012

    Contact for pricing
    5,297 sqft

    Multiple rooms, bathrooms, shared areas, and a separately accessed upper level support varied commercial configurations.

    View details
    Three-Unit Mixed-Use Property
    Three-Unit Mixed-Use Property

    1345 S Highland Avenue, Jackson, TN 38301

    $265,000
    2,648 sqft 0.65 AC lot

    Multi-tenant commercial building with office and open retail configurations across from Bemis Square.

    View details
    Revitalized Mixed-Use Building in Brownsville
    Revitalized Mixed-Use Building in Brownsville

    18 Jefferson Street, Brownsville, TN 38012

    Contact for pricing
    6,138 sqft

    Mixed-use building with business space and living area.

    View details
    Mixed-Use Development Land
    Mixed-Use Development Land

    0 - N Highway 45 Bypass Frontage, Jackson, TN 38305

    $561,924
    1.29 AC lot

    Mixed-use land accommodates retail, dining, medical, office, and housing uses, with water available.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land with Interstate Frontage
    Commercial Development Land with Interstate Frontage

    3809 Windrow Road, Brownsville, TN 38012

    $1,500,000
    80.00 AC lot

    Expansive development land with Interstate road frontage and nearby electricity in Haywood County, Tennessee.

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    Commercial Land Parcel
    Commercial Land Parcel

    499 S Highland Avenue, Jackson, TN 38301

    $850,000
    3.00 AC lot

    Three-acre commercial land parcel identified for retail, office, or mixed-use development.

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    Commercial Land
    Commercial Land

    US-45, Jackson, TN 38305

    $1,900,000
    25.00 AC lot

    Commercial land with a Jackson address along US-45.

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    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    Sterling Farms Drive, Jackson, TN 38305

    $1,750,000
    10.00 AC lot

    Water is available for a planned mixed-use development with multiple commercial and residential components.

    View details

    Mercer, TN Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Mercer, TN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $330,000.

    Sale prices for multi use buildings in Mercer, TN average $330,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 736
    Population Growth (5Y) +24.1%
    Median Household Income $52,188
    College Educated 21.6%

    High-Yield Neighborhoods for Investment

    Identify Mercer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38392 $330K

    Taxes & Financing

    Tax Rate (average for all types) 1.87%
    Property Tax per SF $46.88 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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