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    Covington, TN Retail Properties & Spaces 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
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    Covington Shopping Center Retail Opportunity
    $5,149,928
    72,554 SF
    Covington Shopping Center Retail Opportunity

    975 Highway 51 South Covington, TN, Covington, TN 38019

    72,000 SF three-tenant shopping center with development potential.
    • High‑visibility location on Highway 51 with over 26,000 vehicles per day.
    • Value‑add opportunity to develop an additional +/- 0.67‑acre pad site for approximately 5,100 SF of retail space.
    • Located in the heart of the retail corridor, surrounded by national retailers.
    • Robust parking field with 499 stalls.
    • Located in Covington, TN, the county seat of Tipton County, approximately 35 miles north of downtown Memphis.
    Updated: May 11
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    Commercial Building in Covington, TN
    $500,000
    7,154 SF
    Commercial Building in Covington, TN

    Commercial building and business for sale near Ford Blue Oval.

    217 US-51, Covington, TN

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    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

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Turnkey Commercial Property in Ripley
    $1,400,000
    Turnkey Commercial Property in Ripley

    Ready for immediate operation with multiple income opportunities.

    500 S WASHINGTON St, Ripley, TN 38063

    View details
    Commercial Property in Mason, TN
    $550,000
    1,716 SF
    Commercial Property in Mason, TN

    Strategically located commercial property with high visibility and versatile use.

    12088 Main Street, Mason, TN 38049

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    Commercial Property in Mason, TN
    $550,000
    1,716 SF
    Commercial Property in Mason, TN

    Strategically located commercial property with high visibility and versatile use.

    12088 Main Street, Mason, TN 38049

    View details
    Industrial Space For Sale
    $1,400,000
    3,750 SF
    Industrial Space For Sale

    3,750 SqFt industrial space available for purchase.

    500 S. Washington, Ripley, TN 38063

    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.

    Covington Land For New Business
    $375,000
    2.85 Acres
    Covington Land For New Business

    2.85 acres of vacant land perfect for new business.

    513 GARLAND Ave, Covington, TN 38019

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    Covington Commercial Land For Sale
    $850,000
    18,900 SF
    Covington Commercial Land For Sale

    6.2 acres of commercial land with existing building.

    888 HWY 51, Covington, TN 38019

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    Land For Sale in Covington
    Contact for pricing
    0.14 Acres
    Land For Sale in Covington

    Commercial land available in Covington, Tennessee.

    N MUNFORD St, Covington, TN 38019

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    Covington, TN Land For Sale
    Contact for pricing
    0.12 Acres
    Covington, TN Land For Sale

    Land parcel available in Covington, Tennessee.

    N MUNFORD St, Covington, TN 38019

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    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.

    113 Ct W Sq
    RETAIL STORES (PERSONAL SERVICES)
    1,105 SF Lot: 0.03 Acres
    Value Estimation by Request

    113 Ct W Sq, Covington, TN 38019-2507

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    416 Hwy 51st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    4,112 SF Lot: 2.04 Acres
    Estimated value
    $1,140,000

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

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    899 Hwy 51
    RETAIL STORES (PERSONAL SERVICES)
    8,582 SF Lot: 0.43 Acres
    Estimated value
    $830,000

    899 Hwy 51, Covington, TN 38019

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    899 Hwy 51st N
    RESTAURANT
    5,924 SF Lot: 1.60 Acres
    Estimated value
    $760,000

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

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    215 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)
    1,456 SF Lot: 0.55 Acres
    Value Estimation by Request

    215 Hwy 51st S, Covington, TN 38019-2419

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    3399 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)
    1,260 SF Lot: 0.81 Acres
    Value Estimation by Request

    3399 Hwy 51st S, Covington, TN 38019-3651

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    1035 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)
    777 SF Lot: 1.28 Acres
    Value Estimation by Request

    1035 Hwy 51st S, Covington, TN 38019-3236

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    120 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)
    975 SF
    Value Estimation by Request

    120 Pleasant Ave, Covington, TN 38019-2536

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    712 Hwy 51st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    2,024 SF Lot: 0.89 Acres
    Estimated value
    $1,220,000

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

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    880 Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)
    3,400 SF Lot: 0.87 Acres
    Estimated value
    $685,000

    880 Hwy 51st N, Covington, TN 38019-1704

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    110 Star Shopping Ctr St
    RETAIL STORES (PERSONAL SERVICES)
    2,782 SF Lot: 0.07 Acres
    Value Estimation by Request

    110 Star Shopping Ctr St, Covington, TN 38019-3000

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    124 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)
    650 SF Lot: 0.09 Acres
    Value Estimation by Request

    124 Pleasant Ave, Covington, TN 38019-2536

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    967 Hwy 51st N
    DRIVE-THRU RESTAURANT, FAST FOOD
    612 SF Lot: 0.43 Acres
    Value Estimation by Request

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

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    100 Star Shopping Ctr St
    RETAIL STORES (PERSONAL SERVICES)
    10,610 SF Lot: 0.25 Acres
    Estimated value
    $520,000

    100 Star Shopping Ctr St, Covington, TN 38019-3000

    View details
    1012 Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)
    3,064 SF Lot: 0.68 Acres
    Value Estimation by Request

    1012 Hwy 51st N, Covington, TN 38019-1521

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    1704 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)
    1,313 SF Lot: 0.09 Acres
    Value Estimation by Request

    1704 Hwy 51st S, Covington, TN 38019-3621

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    106 Liberty Ave
    RETAIL STORES (PERSONAL SERVICES)
    3,818 SF Lot: 0.04 Acres
    Value Estimation by Request

    106 Liberty Ave, Covington, TN 38019-2510

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    118 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)
    1,800 SF Lot: 0.06 Acres
    Value Estimation by Request

    118 Pleasant Ave, Covington, TN 38019-2536

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    9 Gaines Rd
    RETAIL STORES (PERSONAL SERVICES)
    1,824 SF Lot: 0.16 Acres
    Value Estimation by Request

    9 Gaines Rd, Covington, TN 38019

    View details
    Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)
    6,500 SF Lot: 0.76 Acres
    Value Estimation by Request

    Hwy 51st N, Covington, TN 38019

    View details

    Covington, TN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 72 retail properties & spaces for sale in Covington, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 91,148 square feet of properties for sale, with an estimated market value of $6,454,928.

    Sale prices for stores in Covington, TN start at $95,000, averaging $1,613,732, and reaching up to $5,149,928 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    38019 $2M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Tipton County

    New Delisted

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