Price Reduction
Address
403 West Summer Street, Greeneville, TN
Price
$ 400,000
Property Attributes
  • MLS#9987136
  • TypeCom Lease
  • Listing Status Active
  • CountyGreene
  • CityGreeneville
  • AreaGreeneville City
  • NeighborhoodNot In Subdivision
  • Zip37743
  • Style
  • Year Built1950
  • Taxes$ 1847
  • Price$ 400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1160
  • Lot Size0.4 Acres
Data Source:
Tennessee Virginia Regional MLS (NETAR)
Property Description

FOR SALE -- 8,900± SQ. FT. DOWNTOWN COMMERCIAL PROPERTY Prime downtown Greeneville commercial opportunity offering 8,900± square feet of versatile retail, office, showroom, warehouse, storage, garage, and covered parking space on approximately 0.43 acres. Conveniently located near the U.S. Post Office, established retail businesses, and Greeneville's Central Business District, this property provides an excellent setting for a wide range of commercial and business uses. The property features an estimated: Showroom: 574± sq. ft. Office Space: 589± sq. ft. Warehouse: 5,902± sq. ft. Storage: 316± sq. ft. Garage: 892± sq. ft. Additional Storage: 627± sq. ft. Carport: 404± sq. ft. The combination of showroom, office, warehouse, workshop, storage, and garage areas makes this property particularly well suited for a retail business, contractor, distributor, service company, specialty showroom, sales operation, or other business requiring both customer-facing space and substantial inventory or work areas. Buyer is responsible for conducting all inspections and due diligence regarding the building's systems, roof, foundation, boundaries, and other property components. The business currently operating in the building is Seller-occupied. Seller requires approximately three weeks to vacate the building after all contingencies have been satisfied and Buyer has notified Seller that Buyer intends to proceed to closing. Earnest money: One percent (1%) earnest money funds become non-refundable upon satisfaction of the contingencies or after 30 days from the date of the accepted agreement, whichever applies under the agreement. FOR LEASE -- $5,000 PER MONTH The property is also available for lease at $5,000 per month on a gross-rent basis, with a 36-month lease arrangement. Please consult the Listing Agent for complete lease terms, conditions, and availability. See MLS #9987137 for additional information regarding the leasing opportunity. SEE VIRTUAL TOUR A rare opportunity to acquire or lease substantial commercial space in the heart of downtown Greeneville with the flexibility to accommodate retail, showroom, office, warehouse, workshop, and inventory-storage needs.

Price History
2/11/2026 Listed $500,000
3/7/2026 5$475,000
5/9/2026 5$450,000
7/12/2026 7$420,000
9/19/2026 5$400,000

General Features

Sewer Public Sewer
Heating Natural Gas
Cooling None
Utilities Fiber Available,Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected,See Remarks,Natural Gas Available
Roof Metal
Development Status Cleared,Finished Lot(s),See Remarks
Zoning B4
Construction Materials Block,Other
Year Built 1950
Electric 220 Volts
Business Type Auto Repair-Specialty,Auto Service,Building Trade,Office/Showroom
County Greene
New Construction false
Property Type Commercial Lease
HOA false
Subdivision Name Not In Subdivision
Status Active
Directions GPS: 403 W SUMMER ST. GREENEVILLE, TENNESSEE. four blocks from Main St.
City Greeneville
MLS Area 201 - Greeneville City
Lot Size Units Acres
Lot Size Square Feet 17424
Property Condition Average
MLS Area Minor 201 - Greeneville City
Virtual Tour https://drive.google.com/file/d/1rOme-KipA-EfIye-hFNOwaayD_7HtHo3/view?usp=drivesdk
Standard Status Active
Conventional true
Exterior_sp_Finish_co_Other16 true
Cash true

Interior Features

Air Conditioning Y/N false
Heating Y/N true

Exterior Features

Water Source Public
Total Parking 9
Lot Size Area 0.4
Building Area Total 8900
Lot Dimensions c
Lot Size Acres 0.4
Road Frontage Type City Street,Highway
Other Equipment Delivery Doors,Display Window,Exterior Lights,Fire Alarm,Garage Bay(s),Inside Storage,Lighting-Fluorescent,Loading Dock(s),Overhead Doors,Security System,See Remarks
Exterior_sp_Finish_co_Block5 true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Lease Average in 37743

Price
AVG $140K
$400K
Taxes
AVG $2,412
$1,847
Year Built
AVG 1933
1950

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