
202 Third Ave W, Carthage, TN 37030
Smith County
Key Facts
Description
Prime commercial opportunity in the heart of Downtown Carthage! Located directly on the historic square, this rare and versatile commercial building offers endless possibilities for investors, entrepreneurs, and business owners alike. The property is currently divided into three separate business spaces, creating multiple income-producing opportunities under one roof. One side of the building is occupied by a beauty shop, while the other side features a fully operational restaurant. The spacious basement level, formerly home to a successful cabinet and woodworking shop for many years, provides additional commercial space that could easily be reopened or repurposed for a variety of business ventures. Properties of this size and location seldom become available on the Carthage Square. With excellent visibility, high traffic exposure, multiple business spaces, and tremendous potential for rental income or owner-occupied use, this is a unique opportunity to invest in one of Carthage's most desirable commercial locations. Whether you're looking to expand your portfolio or establish a thriving business presence downtown, this property is packed with possibilities.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1963
Living Area
9,408 sq ft
Lot Size
0.15 acres
Zoning
C-1
MLS® Listing#
3250946
Property Features
Cooling
Heating
Roof
Security
Financial Details
Parcel Number
053D C 03800 000
Directions
I-40 Exit 258, travel north on Hwy 53 to Carthage 5 miles, turn left onto upper Ferry Rd/Main St N, go just past court house and turn left onto Third Ave W, property is located on the corner of Third Ave W & Waster St. See Signs !!!
Affordability Calculator
$199,000
Estimated monthly payment
$5,296/mo
Principal $796,000 · Est. interest $1,110,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Carthage, TN
- $343,333
- Median Listing Price
- 51
- Median Days on Market
- 2,152
- Median Sq Ft
- $179
- Median Price / Sq Ft
- 49
- Active Listings
- This home’s price is 190% above the area median.
- Its price per sq ft is 41% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Carthage, TN.
Location
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Points of Interest in Carthage, TN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 39 Cookeville Hwy, Carthage, TN | $700,000 | — | — | 1,925 |
| 57 Lakeside Drive, Carthage, TN | $749,929 | 3 | 3 | 2,650 |
| 57 Lakeside Drive, Carthage, TN | $749,929 | — | — | 2,550 |
| 57 Lakeside Dr, Carthage, TN | $749,929 | 3 | 3 | 2,550 |
| 7 Shenandoah Cir, Carthage, TN | $750,000 | 5 | 4 | 4,786 |
| 110 W Third Ave, Carthage, TN | $799,900 | — | — | 5,388 |
Moving Cost Estimate
EXIT Agents in Carthage
Listing Courtesy: CD Poindexter Realty & Auction - 6154180004
Last Updated: 2026-06-25
















