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Mercer, TN Storefront Properties for Sale

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Historic Furnished Restaurant Building
Updated: Jun 9
Historic Furnished Restaurant Building

1704 Tennessee 138, Mercer, TN 38392

$330,000
4,000 sqft
4,000 square feet of commercial building area
Constructed in 1920 with brick exterior construction
Furnishings included for restaurant use
Central heating and central air conditioning
Upper level identified for potential apartment or Airbnb use
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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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Mercer, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Four-Unit Retail Property
Four-Unit Retail Property

1125 E College Street, Brownsville, TN 38012

$200,000
5,861 sqft

Multi-unit commercial building with central heating, central air conditioning, public water, and public sewer service.

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Mixed-Use Building with Living Quarters
Mixed-Use Building with Living Quarters

28 N Jackson Avenue, Brownsville, TN 38012

$99,900
1,824 sqft 0.06 AC lot

Brick-and-siding construction combines commercial space with an attached residential area near Brownsville’s historic town square.

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Flexible Inline Retail Space
Flexible Inline Retail Space

2103 S Highland Avenue, Jackson, TN 38301

Contact for pricing
1,840 sqft

Open sales-floor configuration with shared shopping-center parking and signage potential.

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Freestanding AT&T Storefront
Freestanding AT&T Storefront

2030 North Highland Avenue, Jackson, TN 38305

Contact for pricing

Retail building positioned across from Old Hickory Mall.

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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 Land Near Retail Anchors
Commercial Land Near Retail Anchors

283 Parkstone Place, Jackson, TN 38305

$949,104
1.36 AC lot

Retail, restaurant, and fast-food development uses are identified for this commercial parcel with public water available.

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Mercer, TN Storefront Properties Market Trends and Statistics

Explore 1 storefront 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 retail units 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 1

Demographics Overview

Population 736
Population Growth (5Y) +24.1%
Median Household Income $52,188
College Educated 21.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
38392 $330K

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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