Listed by Myers Commercial Real Estate
$450,000
Sale | 3193 S Mendenhall Rd, Memphis, TN, 38115
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 6,082
Price per SqFt $74
Year Built 1971
Acreage 0.344
Investment Type Value Add
$450,000 Approx. 6,082 SF on S Mendenhall
Marketing description
Positioned in a well-traicked corridor of Southeast Memphis, this property presents a compelling opportunity for a business owner looking to establish or expand their presence in a proven retail location. The surrounding
area offers a strong customer base and consistent activity, making it well-suited for a variety of commercial uses. The convenience store space will be delivered vacant, while the adjacent hookah shop will remain in place.
Investment highlights
- Owner-user opportunity with soon to be vacant space ready for occupancy
- Dual-space layout allows for business operation plus additional income potential
- Positioned in a high-traffic corridor with strong visibility and accessibility
- Minimal buildout required for many retail or service users
- Surrounded by dense residential base driving consistent consumer traffic
- Value-add potential through lease-up or business repositioning
Listing Contacts
Listed by Myers Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
