Covington, TN
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    Covington, TN Strip Malls for Sale

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    Retail Portfolio in Covington, TN
    $1,325,000
    24,950 SF

    Retail Portfolio in Covington, TN

    919 Highway 51 S, Covington, TN 38019

    Two-building retail portfolio with value-add potential in Covington, TN.

    • Significant value‑add potential through lease‑up and rent adjustments.
    • Immediate cash flow with $120,768 gross annual income currently generated at 66% occupancy.
    • Two‑building retail portfolio totaling 24,950 SF on 2.13 acres.
    • Located in a high‑traffic retail corridor with excellent visibility.
    • Dedicated, illuminated monument sign for maximum visibility.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Fully Occupied Commercial Strip Mall
    $480,000

    Fully Occupied Commercial Strip Mall

    Prime commercial strip mall in a high-growth area.

    0 WASHINGTON, Ripley, TN 38063
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    Retail Redevelopment Opportunity
    $1,400,000
    23,000 SF

    Retail Redevelopment Opportunity

    23,000 SF retail property on 2.64 acres for sale.

    3393-3437 Summer Ave and 610 National St, Memphis, TN
    View details
    Fully Occupied Commercial Strip Mall
    $480,000
    12,200 SF

    Fully Occupied Commercial Strip Mall

    Prime commercial strip mall with stable income in thriving area.

    192 Washington St, Ripley, TN 38063
    View details
    Retail Strip Center in Memphis
    Contact for pricing
    16,150 SF

    Retail Strip Center in Memphis

    16,150 SF retail strip center in the Wolfchase Trade Area.

    7505-7547 Highway 64, Memphis, TN 38133
    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 Jackson, TN
    $1,600,000
    16.85 Acres

    Commercial Land in Jackson, TN

    16.85 acres of commercial land zoned for all businesses.

    1242 Whitehall Street, Jackson, TN 38301
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    Commercial Land Near I-22
    $1,979,000
    26.00 Acres

    Commercial Land Near I-22

    26 acre commercial land tract near I-22 in Fulton, MS.

    110 Grissom Road, Fulton, MS 38843
    View details
    Heber Springs Commercial Land Opportunity
    $1,499,900
    4.00 Acres

    Heber Springs Commercial Land Opportunity

    Highway commercial property with high visibility and convenient access.

    1501 BY-PASS Road, Heber Springs, AR 72543
    View details
    Madisonville Retail Investment Opportunity
    $1,700,000
    12,114 SF

    Madisonville Retail Investment Opportunity

    Income-generating retail package with development potential in Madisonville, KY.

    778 E Center, Madisonville, KY 42431
    View details

    Covington, TN Strip Malls Investment Opportunities Market Analysis

    Explore 1 strip malls for sale in Covington, TN on our real estate platform. These investment opportunities span a total of 24,950 square feet of properties for sale, with an estimated market value of $1,325,000.

    Sale prices for retail strips in Covington, TN start at $1,325,000, averaging $1,325,000, and reaching up to $1,325,000 — 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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