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    Mercer, TN
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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Three-Unit Mixed-Use Building
    Three-Unit Mixed-Use Building

    1345 S Highland Avenue, Jackson, TN 38301

    $265,000
    2,648 sqft 0.65 AC lot

    Separate suites combine private offices, open retail space, restrooms, roll-up doors, and concrete flooring.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    18 Jefferson Street, Brownsville, TN 38012

    $129,900
    6,138 sqft

    Brick property combines upper-level business space with ground-floor living quarters and a laundry room.

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    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
    Land For Mixed-Use Development
    Land For Mixed-Use Development

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

    $561,924
    1.29 AC lot

    Land available for mixed-use development in Jackson, Tennessee.

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    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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    Downtown Commercial Land Parcel
    Downtown Commercial Land Parcel

    499 S Highland Avenue, Jackson, TN 38301

    $850,000
    3.00 AC lot

    3+/- acre commercial land parcel for sale near downtown Jackson, TN on S Highland Avenue.

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    Commercial Land
    Commercial Land

    US-45, Jackson, TN 38305

    $1,900,000
    25.00 AC lot

    Commercial land identified at a US-45 address in Jackson, Tennessee.

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    Sterling Farms Mixed-Use Development Land
    Sterling Farms Mixed-Use Development Land

    Sterling Farms Drive, Jackson, TN 38305

    $1,750,000
    10.00 AC lot

    Land available in Sterling Farms mixed-use development, Jackson, TN.

    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%

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Madison County

    Residential Income

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