354 S Hemlock Drive, Whitwell, TN 37397 (MLS # 1539644)
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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 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!
| DAYS ON MARKET | 0 | LAST UPDATED | 8/6/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1956 |
| COUNTY | Marion | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Whitwell Elementary |
|---|---|
| Jr. High School | Whitwell Middle |
| High School | Whitwell High School |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Other, Oven, Refrigerator, Washer, Water Heater |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Vinyl Siding |
| EXTERIOR | Private Yard, Rain Gutters, Storage |
| HEAT | Electric |
| LOT | 0.56 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Level |
| LOT DIMENSIONS | 85X165 |
| PARKING | Driveway |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Contemporary |
| SUBDIVISION | None |
| TAXES | 382.76 |
| UTILITIES | Cable Available, Electricity Available, Electricity Connected, Phone Available, Sewer Not Available, Water Available, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
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