$489,000

Prime Mixed-Use Investment Opportunity in Whitwell, TN -- Commercial Frontage + Dual Residential Income! Fully leased with long term tenants in place. Rare opportunity to own a versatile, income-producing property in a high-traffic, high-visibility commercial corridor in Whitwell! This unique offering combines commercial space, a spacious upstairs apartment, and a… Read More separate single-family residence -- perfect for investors, owner-occupants, or entrepreneurs looking for the ultimate live/work setup. Main Building -- Commercial + Residential Combo The ground floor offers prime commercial space with excellent street visibility, ideal for retail, office, or a variety of business uses. Upstairs, you'll find a beautifully appointed 2 bedroom, 2 bathroom apartment featuring: * Open living room and separate dining room * Well-equipped kitchen with stove, refrigerator, microwave, and dishwasher * Dedicated laundry room with included washer and dryer * Spacious walk-in closets throughout * Gorgeous hardwood flooring * Central heat and air for year-round comfort * Water heater included * Roof only 3 years old * Charming front and back porches Bonus Single-Family Residence -- ADU or Short-Term Rental Potential Adding even more value and income potential, the property also includes a separate 2 bedroom, 1 bathroom home featuring its own front and back porches, a private driveway, and a shingle roof that's just 3 years old. With its own separate entrance, this home functions beautifully as an accessory dwelling unit (ADU) -- ideal for multigenerational living, long-term rental income, or an Airbnb/short-term rental (buyer to verify local short-term rental regulations). Why This Property Stands Out * High-traffic commercial visibility for maximum business exposure * Multiple income streams from one property * Live/work flexibility -- run your business and live upstairs * ADU potential for rental income, multigenerational living, or Airbnb * Turnkey investment with strong rental history potential * 1-Year Home Warranty included for buyer peace of mind Whether you're an investor seeking multi-unit cash flow, an entrepreneur wanting to live where you work, or someone looking to expand a rental portfolio with a built-in short-term rental option, this Whitwell property checks every box. Opportunities like this -- combining commercial exposure with dual residential income and Airbnb flexibility -- don't come along often. Schedule your showing today and see the potential for yourself! Read Less

Courtesy of Diana Davies, Real Estate Partners Chattanooga LLC.

Listing Snapshot

Days Online

Last Updated

Aug 23, 2026

Property Type

Single Family Residence

Beds

Full Baths

Square Ft.

728

Lot Size

0.56 Acres

Year Built

1956

MLS Number

1539644

30 Days Snapshot Of 37397

$313k

-21%

(avg) sold price

-28%

homes sold

-33%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Crawl Space

Building

Architectural style: Contemporary, Building area total: 728, Living area: 728, Built in 1956

Cooling

Ceiling Fan(s)

Exterior Features

Private Yard, Rain Gutters, Storage

Floors

Tile, Vinyl, Wood

Heating

Electric

Lot

Back Yard, Front Yard, Level, 0.56 acres, Lot size area: 1, 24,394 square feet

Parking

Driveway

Sewer

Septic Tank

Taxes

Tax annual amount: $383

Utilities

Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Not Available, Water Available, Water Connected

Windows

Vinyl Frames

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354 S Hemlock Drive

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