$550,000
( )
 $2,953 est/mo Sourced by Back At You

107/109 Pleasant Ave,Covington, TN 38019

Covington, TN 38019

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Description

Prime Mixed-Use Investment Opportunity | Historic Downtown Covington Maximize yield with this premier downtown landmark featuring 3 independent income streams across ~10,000 +/- Total SF. Ideal for an owner-user or value-add investor: Retail Space (~2,000 SF): High-visibility storefront, full basement storage, mezzanine office overlooking main floor, 2 baths & kitchenette. Office / Medical Space (~2,000 SF): Turnkey layout with dedicated reception area, private offices/treatment rooms & 2 baths. Luxury Penthouse (~5,000 SF): High-end 2nd-floor living space with 12-ft ceilings, exposed brick, original hardwoods & Covington Square views. Perfect for executive lease, short-term rental, or live/work setup. High foot traffic and exceptional asset diversification. Call today for details or to schedule a showing!

Details

MLS #10226903
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1900
Days On Site64
Listing Provided ByCollier REALTORS | Ken Patrick

Features

Story(s)2
Building(s)2

Exterior

RoofFlat
FoundationFull Basement

Parking

Parking FacilityOffsite/Street

Area Information

StateTN
CountyTipton
CityCovington
Zip Code38019
AreaTipton North
Subarea623C
Listing VS Median (in 38019)
Price:
$550,000
low | high
Med:
$600,000
40.909090909091% of Average
On site:
64
low | high
Med:
32
100% of Average
Sourced by Back At You

Market Activity 38019

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Additional Information


Showing Information


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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.

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Learn More About This Property

StateTN
CountyTipton
CityCovington
Zip Code38019
AreaTipton North
Subarea623C
Listing VS Median (in 38019)
Price:
$550,000
low | high
Med:
$600,000
40.909090909091% of Average
On site:
64
low | high
Med:
32
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $412K - $687K
sqft: 0 - 0
Listing Updated: September 18, 2026 at 11:20:16 AM PDT
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IP: 10.0.10.198
Server: LVD-WEB-6