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28037886
28037885

4905 Memphis Ave, Lubbock, TX 79413

JT
TX 726551-B
$550,000
236 days on market
Updated 3 days ago

Two Buildings Off 50th & Memphis Avenue

Details
APN R103582, R103605
Property Type Industrial, Mixed Use (+2)
Sub Type Auto Shop, Convenience Store (+1)
Square Footage 6,395
Net Rentable (SqFt) 6,395
Units 3
Tenancy Single
Lease Type Gross
Price per SqFt $86
Broker Co-Op Yes
Class B
Year Built 1969
Buildings 2
Acreage 0.580
Zoning Commercial
Ownership Individual

Retail & Warehouse | 6,395 SqFt

Marketing description

Are you looking for the right building for your business? Here’s a great investment opportunity with tons of potential and flexibility.

Just off the intersection of 50th and Memphis, across from Sutherlands and Homebase, you’ll find 4901 Memphis. This property was previously “Fin & Things” and is now ready for a new owner-occupant. It also includes extra income from the long-standing barber shop tenant. The space works well for many types of businesses.

Next door, 4905 Memphis has historically been used as a warehouse, but it could easily be converted for a wide range of commercial uses. It’s a solid option for a contractor, an auto-related business, or really anything you have in mind. The building is two stories, and the upstairs is ready to be finished out.

Both properties are being offered together, giving you over half an acre of land and a ton of opportunity.

If you’d like to take a look or talk about ideas for the space, contact me today to set up a private tour.

Investment highlights

  • Two commercial properties: 4901 & 4905 Memphis Ave

  • Prime location just off 50th & Memphis, across from Sutherlands/Homebase

  • Over half an acre of combined land

  • +/- 6395 SQFT Total

  • 4901 Memphis: ideal for owner-occupant + long term lease ($600per month MTM)

  • Includes income from long-standing barber shop tenant

  • 4905 Memphis: Two-story building, historically used as a warehouse, auto shop, etc.

  • Upstairs ready to be finished out for added space or offices

  • Perfect for a contractor, auto-related business, or retail use

  • Flexible use and strong visibility in a high-traffic area

  • Offered together with great investment potential

Listing Contacts

JT
TX 726551-B

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Additional Information

Name
Jarrett Thornton
License
726551-B
Brokerage
Jarrett Thornton
Brokerage Phone
806 781 6740
Title
Real Estate Broker
Brokerage Address
4630 50th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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