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Covington, TN

Restaurants

Covington, TN Restaurants for Sale

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Mason, TN Henning, TN Brighton, TN Burlison, TN Atoka, TN Ripley, TN Stanton, TN Munford, TN

Retail and Restaurant Investment Opportunity

Updated: Feb 18

Retail and Restaurant Investment Opportunity

928 Hwy 51 S, Covington, TN 38019

Contact for pricing

9,040 sqft

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.
Investment opportunity with existing tenants.
Priced at $710,000.

Commercial Building in Covington, TN

Updated: Feb 3, 2025

Commercial Building in Covington, TN

217 US-51, Covington, TN

Contact for pricing

7,154 sqft 0.36 AC lot

Commercial Zoned building and business for sale in prime location on Hwy 51.
Less than 30 minutes from Ford Blue Oval site.
Building contains over 7,100 SF on .36 acres.
Great location for retail, restaurant, mixed‑use, warehouse, medical facility and more!
Rare opportunity to buy existing business and/or building for redevelopment.

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 32 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads, 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.

Restaurant Building Near Interstate 40

Restaurant Building Near Interstate 40

2519 Anderson Ave, Brownsville, TN 38012

Contact for pricing

3,753 sqft 1.20 AC lot

Freestanding 3,753 SF restaurant on 1.2 acres for sale.

Convenience Store with Drive-Through

Convenience Store with Drive-Through

500 S WASHINGTON St, Ripley, TN 38063

$1,375,000

The commercial space features beverage refrigeration, ice-service equipment, storage, and a drive-through window.

Restaurant with Upstairs Apartment

Restaurant with Upstairs Apartment

787 51 Hwy S, Ripley, TN 38063

$375,000

Restaurant property with multiple dining areas, bar service, commercial kitchen, and an upstairs apartment.

Freestanding Restaurant Building For Sale

Freestanding Restaurant Building For Sale

2519 Anderson Rd, Brownsville, TN 38012

Contact for pricing

3,753 sqft

Freestanding restaurant building on Anderson Ave, Brownsville, Tennessee.

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 Land Parcels

Commercial Land Parcels

HWY 51 lot: 1C, Covington, TN 38019

$430,000

2.75 AC lot

Commercially zoned land with multiple parcels available for separate purchase.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

493 S HWY 51 S lot: /9, Ripley, TN 38063

$175,000

2.61 AC lot

Commer-zoned parcel offers a sizable development site near established retail and restaurant destinations in Ripley.

Corner Commercial Land

Corner Commercial Land

MONROE St lot: 1 And 2, Ripley, TN 38063

$115,000

1.00 AC lot

Corner parcel with Com zoning near Ripley’s recently renovated square.

Arlington Land on Highway 70

Arlington Land on Highway 70

11850 US 70 Hwy, Arlington, TN 38002

$155,200

0.95 AC lot

0.95 acre lot zoned for shopping center use.

Off-Market Properties in Covington, TN

Consider similar Off-Market properties in Covington, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

416 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

416 Hwy 51st N, Covington, TN 38019-2363

Estimated value:

$1,110,000

4,112 sqft 2.04 AC lot

899 Hwy 51st N

RESTAURANT

899 Hwy 51st N, Covington, TN 38019-1710

Estimated value:

$340,000

5,924 sqft 1.60 AC lot

712 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

712 Hwy 51st N, Covington, TN 38019-2035

Estimated value:

$990,000

2,024 sqft 0.89 AC lot

967 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

967 Hwy 51st N, Covington, TN 38019-1523

Estimated value:

$225,000

612 sqft 0.43 AC lot

875 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

875 Hwy 51st N, Covington, TN 38019-1701

Estimated value:

$475,000

2,997 sqft 0.59 AC lot

710 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

710 Hwy 51st N, Covington, TN 38019-2035

Estimated value:

$635,000

1,725 sqft 0.71 AC lot

809 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

809 Hwy 51st N, Covington, TN 38019-2038

Estimated value:

$1,270,000

3,165 sqft 0.92 AC lot

930 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

930 Hwy 51st N, Covington, TN 38019-1703

Estimated value:

$1,610,000

4,389 sqft 2.00 AC lot

802 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

802 Hwy 51st N, Covington, TN 38019-2039

Estimated value:

$1,425,000

2,446 sqft 0.57 AC lot

971 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

971 Hwy 51st N, Covington, TN 38019-1523

Estimated value:

$225,000

2,110 sqft 0.81 AC lot

1662 Hwy 51st S

DRIVE-THRU RESTAURANT, FAST FOOD

1662 Hwy 51st S, Covington, TN 38019-3223

Estimated value:

$275,000

3,098 sqft 0.79 AC lot

1617 Hwy 51st S

RESTAURANT

1617 Hwy 51st S, Covington, TN 38019-3229

Estimated value:

$385,000

4,980 sqft 1.15 AC lot

829 Hwy 51st N

RESTAURANT

829 Hwy 51st N, Covington, TN 38019-1701

Estimated value:

$285,000

2,776 sqft 0.38 AC lot

1625 Hwy 51st S

DRIVE-THRU RESTAURANT, FAST FOOD

1625 Hwy 51st S, Covington, TN 38019-3229

Estimated value:

$280,000

1,812 sqft 1.07 AC lot

3419 Hwy 51st S

RESTAURANT

3419 Hwy 51st S, Covington, TN 38019-3653

Estimated value:

$340,000

2,426 sqft 1.63 AC lot

1686 Hwy 51st S

RESTAURANT

1686 Hwy 51st S, Covington, TN 38019-3223

Estimated value:

$345,000

6,504 sqft 1.09 AC lot

829 Us-51

Restaurants

829 Us-51, Covington, TN 38019

Estimated value: by Request

2,776 sqft 0.38 AC lot

973 51

Restaurants

973 51, Covington, TN 38019

Estimated value: by Request

29,640 sqft

712 Hwy

Restaurants

712 Hwy, Covington, TN 38019

Estimated value: by Request

664 sqft 0.89 AC lot

1639 Hwy 51st S

DRIVE-THRU RESTAURANT, FAST FOOD

1639 Hwy 51st S, Covington, TN 38019-3229

Estimated value:

$325,000

3,724 sqft 1.05 AC lot

430 Hwy 51st S

DRIVE-THRU RESTAURANT, FAST FOOD

430 Hwy 51st S, Covington, TN 38019-2424

Estimated value:

$205,000

1,837 sqft 0.51 AC lot

887 Hwy 51st N

DRIVE-THRU RESTAURANT, FAST FOOD

887 Hwy 51st N, Covington, TN 38019-1710

Estimated value:

$250,000

5,558 sqft 1.02 AC lot

Covington, TN Restaurants Market Trends and Statistics

Explore 24 restaurants for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 16,194 square feet of properties for sale.

List

Map

Demographics Overview

Population 16K

Population Growth (5Y) -1.5%

Median Household Income $59,957

College Educated 20.2%

Taxes & Financing

Tax Rate (average for all types) 2.97%

Property Tax per SF $59.62 per SF

Average Loan-to-Value 65.0%

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