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    Covington, TN
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    Covington, TN Restaurants for Sale

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    Henning, TN Brighton, TN Burlison, TN
    Retail and Restaurant Investment Opportunity
    $710,000
    9,040 SF

    Retail and Restaurant Investment Opportunity

    928 Hwy 51 S, Covington, TN 38019

    Retail and restaurant spaces for sale in Covington, Tennessee.

    • 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.
    Updated: Feb 18
    View details
    Commercial Building in Covington, TN
    $500,000
    7,154 SF

    Commercial Building in Covington, TN

    217 US-51, Covington, TN

    Commercial building and business for sale near Ford Blue Oval.

    • 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.
    Updated: Feb 3, 2025
    View details
    Covington Warehouse/Retail Opportunity
    $95,000
    2,400 SF

    Covington Warehouse/Retail Opportunity

    2400 SF warehouse near Covington's old Railroad station.

    65 MENEFEE St, Covington, TN 38019
    View details
    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 3 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.

    Commercial Building in Ripley, TN
    $189,000
    0.29 Acres

    Commercial Building in Ripley, TN

    Commercial building with drive-thru in Ripley's central business district.

    334 S WASHINGTON, Ripley, TN 38063
    View details
    Commercial Building in Ripley, TN
    $189,000

    Commercial Building in Ripley, TN

    Commercial building with drive-thru in Ripley's central business district.

    334 S WASHINGTON, Ripley, TN 38063
    View details
    Millington Commercial Property For Sale
    $2,000,000
    13,350 SF

    Millington Commercial Property For Sale

    13350 SF building with tenants and coin laundry.

    6347 Navy Rd., Millington, TN 38053
    View details
    Retail Property with Long-Term Tenants
    Contact for pricing
    3,500 SF

    Retail Property with Long-Term Tenants

    Retail property with two long-term tenants in Millington, Tennessee.

    4758 Navy Rd, Millington, TN 38053
    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 Land in Growing Area
    $430,000
    2.75 Acres

    Commercial Land in Growing Area

    Commercial land available in a growing area, near restaurant.

    0 HWY 51, Covington, TN 38019
    View details
    Highway Commercial Land For Sale
    Contact for pricing

    Highway Commercial Land For Sale

    Located on U.S. Highway 51 near major retailers.

    110 Holly Grove Rd. |, Covington, TN 38019
    View details
    Ripley, TN Commercial Land
    $180,000
    2.61 Acres

    Ripley, TN Commercial Land

    2.61 acre commercial lot with highway frontage in Ripley, TN.

    493 S HWY 51, Ripley, TN 38063
    View details
    Corner Lot in Ripley, TN
    $115,000
    1.00 Acre

    Corner Lot in Ripley, TN

    Corner lot with drive-thru potential in Ripley's renovated square.

    0 MONROE, Ripley, TN 38063
    View details

    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

    416 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,112 SF
    Value Estimation
    $1,140,000
    416 Hwy 51st N, Covington, TN 38019-2363
    View details
    899 Hwy 51st N

    899 Hwy 51st N

    RESTAURANT • 5,924 SF
    Value Estimation
    $760,000
    899 Hwy 51st N, Covington, TN 38019-1710
    View details
    712 Hwy 51st N

    712 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,024 SF
    Value Estimation
    $1,220,000
    712 Hwy 51st N, Covington, TN 38019-2035
    View details
    967 Hwy 51st N

    967 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 612 SF
    Value Estimation by Request
    967 Hwy 51st N, Covington, TN 38019-1523
    View details
    875 Hwy 51st N

    875 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,997 SF
    Value Estimation by Request
    875 Hwy 51st N, Covington, TN 38019-1701
    View details
    710 Hwy 51st N

    710 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,725 SF
    Value Estimation
    $665,000
    710 Hwy 51st N, Covington, TN 38019-2035
    View details
    809 Hwy 51st N

    809 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,165 SF
    Value Estimation
    $1,490,000
    809 Hwy 51st N, Covington, TN 38019-2038
    View details
    930 Hwy 51st N

    930 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 4,389 SF
    Value Estimation
    $1,765,000
    930 Hwy 51st N, Covington, TN 38019-1703
    View details
    802 Hwy 51st N

    802 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,446 SF
    Value Estimation
    $1,620,000
    802 Hwy 51st N, Covington, TN 38019-2039
    View details
    971 Hwy 51st N

    971 Hwy 51st N

    DRIVE-THRU RESTAURANT, FAST FOOD • 2,110 SF
    Value Estimation by Request
    971 Hwy 51st N, Covington, TN 38019-1523
    View details
    1662 Hwy 51st S

    1662 Hwy 51st S

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,098 SF
    Value Estimation
    $545,000
    1662 Hwy 51st S, Covington, TN 38019-3223
    View details
    1617 Hwy 51st S

    1617 Hwy 51st S

    RESTAURANT • 4,980 SF
    Value Estimation
    $815,000
    1617 Hwy 51st S, Covington, TN 38019-3229
    View details
    829 Hwy 51st N

    829 Hwy 51st N

    RESTAURANT • 2,776 SF
    Value Estimation by Request
    829 Hwy 51st N, Covington, TN 38019-1701
    View details
    1625 Hwy 51st S

    1625 Hwy 51st S

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,812 SF
    Value Estimation by Request
    1625 Hwy 51st S, Covington, TN 38019-3229
    View details
    3419 Hwy 51st S

    3419 Hwy 51st S

    RESTAURANT • 2,426 SF
    Value Estimation by Request
    3419 Hwy 51st S, Covington, TN 38019-3653
    View details
    1686 Hwy 51st S

    1686 Hwy 51st S

    RESTAURANT • 6,504 SF
    Value Estimation
    $745,000
    1686 Hwy 51st S, Covington, TN 38019-3223
    View details
    829 Us-51

    829 Us-51

    Restaurants • 2,776 SF
    Value Estimation by Request
    829 Us-51, Covington, TN 38019
    View details
    973 51

    973 51

    Restaurants • 29,640 SF
    Value Estimation by Request
    973 51, Covington, TN 38019
    View details
    712 Hwy

    712 Hwy

    Restaurants • 664 SF
    Value Estimation by Request
    712 Hwy, Covington, TN 38019
    View details
    1639 Hwy 51st S

    1639 Hwy 51st S

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,724 SF
    Value Estimation
    $785,000
    1639 Hwy 51st S, Covington, TN 38019-3229
    View details
    430 Hwy 51st S

    430 Hwy 51st S

    DRIVE-THRU RESTAURANT, FAST FOOD • 1,837 SF
    Value Estimation by Request
    430 Hwy 51st S, Covington, TN 38019-2424
    View details

    Covington, TN Restaurants Investment Opportunities Market Analysis

    Explore 25 restaurants for sale in Covington, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 18,594 square feet of properties for sale, with an estimated market value of $1,305,000.

    Sale prices for restaurant properties in Covington, TN start at $95,000, averaging $435,000, and reaching up to $710,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Covington.

    Top Commercial Asset Segments

    Drive through restaurants 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -1.5%
    Median Household Income $59,957
    College Educated 20.2%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    38019 $402.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.97%
    Property Tax per SF $59.62 per sq ft
    Average Loan-to-Value 65.0%

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