354 S Hemlock Drive, Whitwell, TN 37397

• 2 beds |
• 1 bath |
• 728 sqft

Property Description

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!

Listing Status:

Active

Date Added:

August 6, 2026

Data Last Updated:

August 11, 2026 at 1:36AM

Listing Office:

Real Estate Partners Chattanooga LLC : 423-265-0088

MLS ID:

1539644

Interior

• Appliances: DryerOvenOtherRefrigeratorWasherWater Heater
• Laundry: Electric Dryer HookupInsideIn UnitWasher Hookup
• Basement: Crawl Space
• Flooring: TileVinylWood
• A/C: Ceiling Fan(s)
• Heating: Electric

Exterior

• General: Private YardRain GuttersStorageStorage
• Style: Contemporary
• Other Structures: Storage
• Parking: Driveway

Construction

• Roofing: AsphaltShingle
• Windows: Vinyl Frames
• General: Vinyl SidingOneSlab

Location

• Road/Access: City Street
• Originating MLS: Greater Chattanooga REALTORS®
• County: Marion

Lot

• Zoning: GIS 2001 50G A 2.00 CB COM/RES SPLIT050b D 009.00
• Fencing: None

Utilities

• Utilities: Cable AvailableElectricity AvailableElectricity ConnectedPhone AvailableSewer Not AvailableWater AvailableWater Connected
• Water: Public
• Sewer: Septic Tank

Financial

• Source: Greater Chattanooga REALTORS®