# 1693 TN-138, Mercer, TN 38392 > **TL;DR:** 2bd/3ba single family, $200,000 ($200/sqft), built 1978, 1,000 sqft. > A/C. Est. $1,069/mo. Listed 260 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $200,000 | | Price/sqft | $200 | | Bedrooms | 2 | | Bathrooms | 2 full, 2 half | | Square Feet | 1,000 | | Year Built | 1978 | | Stories | 1 | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 260 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Key Amenities - A/C ## Property Highlights - Built in 1978 - 4 parking spaces ## Description ### Agent 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. ## Location - **Address:** 1693 TN-138, Mercer, TN 38392 - **County:** Madison - **Coordinates:** 35.479575, -89.042006 - **Google Maps:** https://www.google.com/maps?q=35.479575,-89.042006 ## Listing Agent - **Name:** Jane B Betts · **License:** 352925 - **Brokerage:** Town and Country Realtors - **Broker Phone:** 7316687000 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1693-TN-138_Mercer_TN_38392_M90332-38645?f=listhub&s=CWTAR&m=2600637&c=propsimple) ## Photos ![1693 TN-138 - Photo 1](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f837104280r.jpg) ![1693 TN-138 - Photo 2](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f3026424124r.jpg) ![1693 TN-138 - Photo 3](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f3235716891r.jpg) ![1693 TN-138 - Photo 4](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f2274596511r.jpg) ![1693 TN-138 - Photo 5](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f3947985190r.jpg) ![1693 TN-138 - Photo 6](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f3657565559r.jpg) ![1693 TN-138 - Photo 7](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f3804973042r.jpg) ![1693 TN-138 - Photo 8](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f2334037050r.jpg) ![1693 TN-138 - Photo 9](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f4271375998r.jpg) ![1693 TN-138 - Photo 10](http://lh.rdcpix.com/dc0b2715ab924af3e1fc749b492da894l-f1078814477r.jpg) --- **MLS#:** 2600637 | **Updated:** 2026-10-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1693-tn-138-mercer-tn-38392-d1677e8bb10f497cabd5d44cadb392c0) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1693-tn-138-mercer-tn-38392-d1677e8bb10f497cabd5d44cadb392c0#listing", "url": "https://www.propertysimple.ai/listing/1693-tn-138-mercer-tn-38392-d1677e8bb10f497cabd5d44cadb392c0", "name": "1693 TN-138, Mercer, TN 38392", "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. 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