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1293 Lamar Ave 1,740 SF Specialty Building Offered at $1,200,000 in Memphis, TN 38104
Investment Highlights
- Heavy Traffic Count and highly visible with frontage on Lamar Ave.,
Executive Summary
Prime commercial location on highly visible Lamar Avenue! This unique offering includes an older duplex fronting Lamar Avenue plus two adjoining parcels currently utilized as a church and meeting facility, makes this site a total of approx., .82 Acres. The combined properties provide excellent visibility, multiple-use potential, ample space for parking and expansion, and outstanding redevelopment opportunities along one of Memphis’ major commercial corridors. Ideal for religious, community, office, educational, commercial, or investment purposes. Conveniently located near Downtown Memphis, Memphis International Airport, and major transportation routes. Property sold as-is, where-is. Buyer to verify all information 2 additional parcels are included with the sale: Parcel ID's - 015011 00014 & 015011 00013
Property Facts
| Price | $1,200,000 | Building Class | C |
| Price Per SF | $689.66 | Lot Size | 0.26 AC |
| Sale Type | Investment or Owner User | Building Size | 1,740 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Residential Income | Year Built | 1946 |
| Zoning | COMMERCIAL - COMMERCIAL | ||
| Price | $1,200,000 |
| Price Per SF | $689.66 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 1,740 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Zoning | COMMERCIAL - COMMERCIAL |
Amenities
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-5011-0-0012 | Improvements Assessment | $34,200 |
| Land Assessment | $24,000 | Total Assessment | $58,200 |
Property Taxes
Parcel Number
01-5011-0-0012
Land Assessment
$24,000
Improvements Assessment
$34,200
Total Assessment
$58,200
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Contact the Sale Advisor
1293 Lamar Ave