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12590977
12590978

2804 Frayser Blvd, Memphis, TN 38127

MM
TN 350752, MS S-54958
ADARO REALTY
Listed by ADARO REALTY
$675,000
989 days on market
Updated 1 day ago

Tony's Party Place

Details
APN 072106 00037
Property Type Retail
Sub Type Restaurant
Square Footage 4,811
Net Rentable (SqFt) 4,811
Units 1
Cap Rate 4.50%
NOI $38,025
Tenancy Vacant
Price per SqFt $140
Broker Co-Op Yes
Year Built 1974
Year Renovated 2024
Buildings 1
Stories 1
Acreage 1.020
Zoning Commercial
Parking Spaces 100 spaces
Parking Per SqFt 20.79
Sale Condition For sale by owner

Hidden Gem & Full of Potential! Restaurant, Bar, Grill, Gas Station, Corner lot, Convenient, Store

Marketing description

Location Location Location! High Traffic Area! Within walking distance of Nike and Amazon. Building is almost 5,000 square feet and sits on almost .93 acre of land with plenty of parking! Includes all current light fixtures, window treatments, equipment, appliances, and furnishings. FULLY OPERATIONAL!! Suitable for many uses. Don't miss out on this opportunity! Formerly used as a restaurant and party venue!

**SCHEDULE YOUR PRIVATE SHOWING TODAY! BRING ALL OFFERS!!!**

Listing Contacts

MM
TN 350752, MS S-54958
ADARO REALTY
Listed by ADARO REALTY

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$38,025.00
$3,168.75/mo

Valuation Metrics

0
DSCR
5.63%
Cap Rate
5.63%
ROI

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Additional Information

Name
Mika Montes
License
350752
Brokerage
Adaro Realty
Brokerage Phone
9016449995
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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