About This Home

This 2-bedroom, 3-bathroom single family at 1693 TN-138 in Mercer, TN is listed for $200,000 ($200 per sqft). Built in 1978, the home offers 1,000 sqft of living space on a N/A lot.

Key Features

  • Built in 1978
  • 4 parking spaces

Property Details

1 story
2 full, 2 half
4 spaces
1978

Amenities

A/C
Listing Description

Motivated Seller just lowered the price !!! Unique live/work opportunity in the heart of Mercer! This one-of-a-kind single-family home features an attached commercial space with endless potential. The residential living area offers 2 bedrooms and 2 bathrooms, along with a comfortable kitchen and open living/dining space.

The expansive commercial portion of the property has a rich local history, previously serving as the town fire department, retail shop, restaurant, ice cream parlor, and antique store. With renovation, this versatile space could be transformed into additional living quarters, a family-owned business, event venue, studio, or residential/commercial rental.

An additional lot is included in the purchase price, providing valuable flexibility for outdoor entertaining, open-air retail, parking, or future expansion. Located in the charming community of Mercer, directly across from the former Papa Daddy's Restaurant, this property offers excellent visibility and small-town appeal.

A rare opportunity for buyers seeking space, character, and income potential all in one. Property to be sold AS IS. Imagination challenge: instead of a commercial space that space could be additional living space, another apartment, or personal studio space.

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

1693 TN-138

Mercer, TN 38392

Property Details

Flooring

ConcreteVinyl

Construction

Brick Vinyl Siding

Outdoor Features

Porch

Parking

Open

Cooling

Multi UnitsElectricCeiling Fan(s)

Appliances

DishwasherDisposalElectric RangeElectric Water Heater

Questions & Answers

This 2-bedroom, 3-bathroom single family at 1693 TN-138 is listed at $200,000 ($200/sqft). The estimated monthly payment is $1,069 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 4 parking spaces.

This property is listed by Jane B Betts.

JB

Jane B Betts

License 352925

Agent at Town and Country Realtors

Listed by Town and Country Realtors · Broker phone: 7316687000 · View on Broker Site

MLS# 2600637· Source: Central West Tennessee Association of Realtors· 259 days on PropertySimple

Copyright © 2026 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1693 TN-138, Mercer, TN 38392

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