For sale Home

Listed Feb 14, 2026

$200,000 Est. $1,323/mo

1693 Tn-138

  • 2

    Beds

  • 4

    Baths

  • 1,000

    Sq ft

The story

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.

Facts & features

Home type

Home

Year built

1978

Price per sq ft

$200

Included features

  • Cooling

    Ceiling Fan(s), Electric, Multi Units

  • Appliances

    Dishwasher, Disposal, Electric Range, Electric Water Heater

  • Flooring

    Concrete, Vinyl

  • Water Source

    Public

  • Sewer

    Septic Tank

Mortgage calculator

Estimated monthly payment

$1,323 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,064
  • Property tax $200
  • Insurance $58

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

Town and Country

Broker Name

Town and Country

Agent

Jane B Betts