Great opportunity to own an investment property along high-traffic Lamar Avenue. Can also use one of the spaces for an owner-occupied office or retail location and collect monthly rent from the liquor store lease. Lot's of possibilities with this building.
This property is ready to go as a laundromat. It had his and her bathrooms, a coin changer, and an office space. The property sits at a four-way stop. It could also be used for other retail outlets.
There is 6,460 square feet of warehouse space as well as office space. This sales is also part of a multi property offer which includes the neighboring properties of 3230 Linda (4800 square feet) and 3238 Linda (2800 square feet). The office space is recently renovated in 3224 Linda and the collective square footage of all three parcels total over 14,000 square feet of warehouse, service and office space.
Excellent location near the Memphis International Airport, FedEx, UPS, Lamar Avenue, I-55 and many other major thoroughfares. Freestanding masonry building that was thoroughly refurbished in 2004 and a new 20-year roof was installed in 2020 and 2022. Some HVAC has been replaced in addition to other updates. The entire building is sprinklered including the outdoor dock area. There are two drive-in doors plus two overhead doors. There are also two additional overhead doors in the rear. 19' clear ceilings in the warehouse plus LED lighting. The total building size is 40,690 sq. ft. (25,725 warehouse + 4,835 sq. ft. showroom and offices + 5,065 conference and shop areas + 5,065 second floor partially finished mezzanine). Security system and grille-type window guards. Great parking. This property shows nicely and is priced right. Bring your picky clients to this property. Property is leased through November 2027. Call Eric for all showings and lease details. Do not disturb tenant.
BACK ON THE MARKET! The pet grooming and boarding industry is an $11+ billion industry and continues to grow. This is a great opportunity to own a building that is all set to go! Excellent opportunity for vet clinic, grooming/boarding operation, or conversion to other use. Conveniently located near major highways and city streets. Building has many potential uses and needs very little to be move-in ready. Call today to make an appointment to see this property! For sale, only. No lease or lease-purchase.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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The median home value in Memphis, TN is $134,675. This is lower than the county median home value of $206,500. The national median home value is $338,100. The average price of homes sold in Memphis, TN is $134,675. Approximately 40.23% of Memphis homes are owned, compared to 45.77% rented, while 14% are vacant. Memphis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Memphis real estate agent to arrange a tour today!
Memphis, Tennessee 38118 has a population of 634,139. Memphis 38118 is less family-centric than the surrounding county with 19.26% of the households containing married families with children. The county average for households married with children is 25.11%.
The median household income in Memphis, Tennessee 38118 is $43,981. The median household income for the surrounding county is $55,015 compared to the national median of $69,021. The median age of people living in Memphis 38118 is 34.2 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 30.3 degrees. The average rainfall is approximately 54.1 inches per year, with 3 inches of snow per year.