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 popular 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.
For sale
$218,600
1693 Highway 138, Mercer, TN 38392
2beds
1,000sqft
Single Family Residence
Built in 1978
-- sqft lot
$212,700 Zestimate®
$219/sqft
$-- HOA
What's special
Comfortable kitchenAdditional lot
- 237 days
- 63
- 1
Zillow last checked:
Listing updated:
Listed by:
Jane B Betts,
Town and Country 731-668-7000
Source: CWTAR,MLS#: 2600637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 4
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 210.25
- Dimensions: 14.5 x 14.5
Bedroom
- Level: Main
- Area: 196
- Dimensions: 14.0 x 14.0
Other
- Level: Main
- Area: 1215
- Dimensions: 27.0 x 45.0
Kitchen
- Level: Main
- Area: 203
- Dimensions: 14.5 x 14.0
Living room
- Level: Main
- Area: 203
- Dimensions: 14.0 x 14.5
Office
- Level: Main
- Area: 480
- Dimensions: 20.0 x 24.0
Utility room
- Level: Main
- Area: 170
- Dimensions: 17.0 x 10.0
Heating
- Other
Cooling
- Ceiling Fan(s), Electric, Multi Units
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater
- Laundry: Electric Dryer Hookup, Sink, Washer Hookup
Features
- Flooring: Concrete, Vinyl
- Windows: Vinyl Frames
- Has basement: No
Interior area
- Total structure area: 2,900
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open, Other
- Uncovered spaces: 4
Features
- Levels: One
- Patio & porch: Front Porch, Rear Porch
Lot
- Dimensions: .79 irreg
Details
- Parcel number: 138 B 021.00
- Zoning description: Residential and Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Raised, Slab
Condition
- false
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Propane
Community & HOA
Community
- Subdivision: None
Location
- Region: Mercer
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $66,800
- Annual tax amount: $313
- Date on market: 2/16/2026
- Road surface type: Asphalt
Estimated market value
$212,700
$202,000 - $223,000
$1,339/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $218,600-4.9%$219/sqft |
Source:  CWTAR #2600637 Report a problem | ||
| 2/16/2026 | Listed for sale | $229,900-10.9%$230/sqft |
Source: CWTAR #2600637 Report a problem | ||
| 5/22/2024 | Listing removed | $258,000$258/sqft |
Source:  Exit Realty #2603688 Report a problem | ||
| 2/9/2024 | Price change | $258,000-0.4%$258/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2603688 Report a problem | ||
| 12/22/2023 | Listed for sale | $259,000-5.8%$259/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2603688 Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: CWTAR #233724 Report a problem | ||
| 9/14/2023 | Listed for sale | $275,000+358.3%$275/sqft |
Source: CWTAR #233724 Report a problem | ||
| 11/9/2016 | Sold | $60,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $313 | $16,700 |
| 2024 | $313 | $16,700 |
| 2023 | $313 | $16,700 |
| 2022 | $313 -9.9% | $16,700 +13% |
| 2021 | $347 | $14,775 |
| 2020 | $347 | $14,775 |
| 2019 | $347 | $14,775 |
| 2018 | $347 -11.4% | $14,775 -7.7% |
| 2017 | $392 | $16,000 |
| 2016 | $392 -31.1% | $16,000 -39.6% |
| 2015 | $569 | $26,480 |
| 2014 | $569 | $26,480 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38392
Nearby schools
Schools provided by the listing agent
- District: Jackson Madison Consolidated District
Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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