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    Covington, TN
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    Covington, TN Retail Space for Sale

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    Retail and Restaurant Investment Opportunity
    Updated: Feb 18
    Retail and Restaurant Investment Opportunity

    928 Hwy 51 S, Covington, TN 38019

    $710,000
    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.
    View details
    Commercial Building in Covington, TN
    Updated: Feb 3, 2025
    Commercial Building in Covington, TN

    217 US-51, Covington, TN

    $500,000
    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.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 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.

    Retail Building on High-Traffic Highway
    Retail Building on High-Traffic Highway

    1412 Highway 51 N, Ripley, TN 38063

    $225,000
    2,400 sqft 1.34 AC lot

    2,400 sq ft retail building on 1.34 acres.

    View details
    Ripley, TN Commercial Opportunity
    Ripley, TN Commercial Opportunity

    1412 N HWY 51, Ripley, TN 38063

    $225,000
    2,400 sqft 1.34 AC lot

    Commercial property on 1.34 acres with high traffic visibility.

    View details
    Retail Space Near Highway 51
    Retail Space Near Highway 51

    7947 US Highway 51 N, Millington, TN 38053

    Contact for pricing
    2,887 sqft

    Retail space available near Highway 51 and Ford's Blue Oval City.

    View details
    Retail Property with Long-Term Tenants
    Retail Property with Long-Term Tenants

    4758 Navy Rd, Millington, TN 38053

    Contact for pricing
    3,500 sqft 0.63 AC lot

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

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    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.

    113 Ct W Sq
    RETAIL STORES (PERSONAL SERVICES)

    113 Ct W Sq, Covington, TN 38019-2507

    Value Estimation by Request
    1,105 sqft 0.03 AC lot
    View details
    899 Hwy 51
    RETAIL STORES (PERSONAL SERVICES)

    899 Hwy 51, Covington, TN 38019

    $830,000
    Estimated value
    8,582 sqft 0.43 AC lot
    View details
    215 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,456 sqft 0.55 AC lot
    View details
    3399 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,260 sqft 0.81 AC lot
    View details
    1035 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    777 sqft 1.28 AC lot
    View details
    120 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)

    120 Pleasant Ave, Covington, TN 38019-2536

    Value Estimation by Request
    975 sqft
    View details
    880 Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)

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

    $685,000
    Estimated value
    3,400 sqft 0.87 AC lot
    View details
    110 Star Shopping Ctr St
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    2,782 sqft 0.07 AC lot
    View details
    124 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)

    124 Pleasant Ave, Covington, TN 38019-2536

    Value Estimation by Request
    650 sqft 0.09 AC lot
    View details
    100 Star Shopping Ctr St
    RETAIL STORES (PERSONAL SERVICES)

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

    $520,000
    Estimated value
    10,610 sqft 0.25 AC lot
    View details
    1012 Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    3,064 sqft 0.68 AC lot
    View details
    1704 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)

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

    Value Estimation by Request
    1,313 sqft 0.09 AC lot
    View details
    106 Liberty Ave
    RETAIL STORES (PERSONAL SERVICES)

    106 Liberty Ave, Covington, TN 38019-2510

    Value Estimation by Request
    3,818 sqft 0.04 AC lot
    View details
    118 Pleasant Ave
    RETAIL STORES (PERSONAL SERVICES)

    118 Pleasant Ave, Covington, TN 38019-2536

    Value Estimation by Request
    1,800 sqft 0.06 AC lot
    View details
    9 Gaines Rd
    RETAIL STORES (PERSONAL SERVICES)

    9 Gaines Rd, Covington, TN 38019

    Value Estimation by Request
    1,824 sqft 0.16 AC lot
    View details
    Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)

    Hwy 51st N, Covington, TN 38019

    Value Estimation by Request
    6,500 sqft 0.76 AC lot
    View details
    101 Hwy 51st S
    RETAIL STORES (PERSONAL SERVICES)

    101 Hwy 51st S, Covington, TN 38019-2417

    Value Estimation by Request
    1,510 sqft 0.24 AC lot
    View details
    128 Liberty Ave
    RETAIL STORES (PERSONAL SERVICES)

    128 Liberty Ave, Covington, TN 38019-2510

    Value Estimation by Request
    1,680 sqft 0.04 AC lot
    View details
    111 Munford St
    RETAIL STORES (PERSONAL SERVICES)

    111 Munford St, Covington, TN 38019-2527

    Value Estimation by Request
    3,450 sqft 0.09 AC lot
    View details
    4464 Bride Rd
    RETAIL STORES (PERSONAL SERVICES)

    4464 Bride Rd, Covington, TN 38019-6142

    Value Estimation by Request
    3,700 sqft 1.00 AC lot
    View details
    301 Witherington Dr
    RETAIL STORES (PERSONAL SERVICES)

    301 Witherington Dr, Covington, TN 38019-4265

    $10,380,000
    Estimated value
    3,350 sqft 14.56 AC lot
    View details
    535 Hwy 51st N
    RETAIL STORES (PERSONAL SERVICES)

    535 Hwy 51st N, Covington, TN 38019-2032

    Value Estimation by Request
    792 sqft 0.68 AC lot
    View details

    Covington, TN Retail Space Market Trends and Statistics

    Explore 72 retail space 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, with an estimated market value of $1,210,000.

    Sale prices for retail space in Covington, TN start at $500,000, averaging $605,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 2

    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 $402.5K

    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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