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32812143
32812144

1063 S Parkway E, Memphis, TN 38106 For Sale

JM
TN TN 340992, MS MS S-54292
NAI Saig Company
HM
TN 255708
NAI Saig Company
Listed by NAI Saig Company
$900,000
62 days on market
Updated 20 days ago

Mixed Use Portfolio | Memphis, TN

Details
APN 026041 00031,026041 00036,026041 00030,026041 00035,026041 00029,026041 00007,026041 00008,026042 00001,026042 00037,026042 00036,026042 00002,026042 00003,026043 00047
Property Type Mixed Use, Industrial (+2)
Sub Type Restaurant, Commissary (+1)
Square Footage 13,352
Tenancy Vacant
Year Built 1916
Buildings 2
Acreage 2.760
Zoning CMU-1, R-6
Investment Type Redevelopment

Mixed Use | 13,352 SqFt

Marketing description

NAI Saig Company is pleased to present this three (3) property mixed-use commercial portfolio located at 1055 S Parkway E in Memphis. The portfolio consists of a 9,755 SF freestanding commissary/industrial building, a 3,597 SF freestanding retail building, and 1.764 AC of vacant land, totaling approximately 2.76 AC. The Property is strategically positioned along an exit of Interstate 69 with convenient access to Downtown Memphis, the Hernando de Soto Bridge connecting to Arkansas, and nearby access to Mississippi, providing exceptional connectivity and visibility for a variety of commercial and redevelopment opportunities. The portfolio presents a strong redevelopment opportunity for a service station, gas station, or truck stop user seeking interstate exposure and accessibility, while also offering an ideal opportunity for an owner-user looking to capitalize on the existing infrastructure and improvements currently in place on the Property.

Prominent corner along South Parkway East in the South Midtown/Liberty Park corridor of Memphis with direct access to I-240, I-55, and Downtown Memphis.

Investment highlights

  • ±9,755 SF Commissary / Industrial Facility
  • ±3,597 SF Former Restaurant Building
  • ±1.764 AC of vacant land surrounding two freestanding commercial buildings
  • Flexible redevelopment or expansion opportunity in a high visibility Memphis corridor
  • Ideal for retail, industrial, mixed-use, service commercial, or owner-user development

Listing Contacts

JM
TN TN 340992, MS MS S-54292
NAI Saig Company
HM
TN 255708
NAI Saig Company
Listed by NAI Saig Company

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Additional Information

Name
James McCraw, CCIM
License
TN 340992
Brokerage
NAI Saig Company
Brokerage Phone
9015263100
Title
Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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