Listed by 901, REALTORS
$450,000
McKeel's Auto Service & Mechanic Shop
Details
APN 06-3071-0-0025C
Property Type Retail, Business for Sale
Sub Type Business and Building, Mechanic shop
Square Footage 3,030
Units 1
Cap Rate 24%
NOI $108,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Broker Co-Op True
Year Built 1977
Year Renovated 2005
Buildings 2
Stories 1
Lot Size (SqFt) 8,818
Zoning CMU-3
Parking Spaces 15 spaces
Parking per 1,000 SqFt 4.95
Occupancy Date 07/31/2026
Ground Lease No
Ceiling Height 20
Mechanic Shop Business + Real Estate = Instant Cashflow
Investment highlights
862 Bartlett Road in Memphis is a turn-key mechanic shop opportunity where the owners are retiring and selling both the building and the business. The business is already producing at least $9,000 in net income each month, and all the essential equipment needed to keep operating is in place, including three lifts.
The location is a major advantage, sitting just off Summer Avenue and I-240, only about one minute from the exit, which makes access in and out easy for fleet vehicles. The property also offers an added layer of security and privacy, with a dry creek helping create natural separation on the sides and reducing outside access around the building
Listing Contacts
Listed by 901, REALTORS
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,000.00
$9,000.00/mo
Valuation Metrics
0
DSCR
24%
Cap Rate
24%
ROI
Map
Zoning
CMU-3 CommercialGeneral CommercialCommercial Mixed Use 3
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View all 168 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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